CAREER POINT
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The Current P/B Ratio of CAREER POINT is 1.38.
Share Price | ₹362.6 | Apr 24,2024 |
Market Cap | ₹659.8 Cr | |
Book Value | ₹479.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.38x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CAREER POINT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹659.8 Cr] as on Apr 24,2024
(/) Book Value [ ₹479.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.38x ]
Thus, for CAREER POINT , the investors are currently willing to pay '1.38 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of CAREER POINT !
The chart below summarizes the trend in P/B Ratio of CAREER POINT over the last five years.
Historical PB (Price/Book ) ratio chart of CAREER POINT
PB Ratio Performance Analysis for CAREER POINT
- CAREER POINT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.51x.
- CAREER POINT 's operated at median p/b ratio of 0.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CAREER POINT 's p/b ratio peaked in Mar2023 at 0.81x.
- CAREER POINT 's p/b ratio hit its five-year low in Mar2019 of 0.3x.
How does CAREER POINT 's P/B Ratio benchmark against top 10 peers in Educational Institutions Industry?
Peer Comparison (Educational Institutions Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CAREER POINT | 479.44 | 1.38 | 659.8 |
VERANDA LEARNING SOLUTIONS LTD | 286.79 | 4.39 | 1,258.7 |
GLOBAL EDUCATION LTD | 65.32 | 8.04 | 525.2 |
CL EDUCATE LTD | 274.00 | 1.67 | 457.0 |
VJTF EDUSERVICES LTD | 32.67 | 6.56 | 214.5 |
ZEE LEARN LTD | 13.66 | 15.40 | 210.3 |
VANTAGE KNOWLEDGE ACADEMY LTD | 4.45 | 56.27 | 250.5 |
Educational Institutions Industry Benchmark (Top 10) PB Analysis vs CAREER POINT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.38x |
Max industry PB | 56.27x |
Median industry PB | 6.56x |
Average industry PB | 13.39x |
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