CENTURY EXTRUSIONS
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The Current P/B Ratio of CENTURY EXTRUSIONS is 2.35.
| Share Price | ₹19.1 | Apr 22,2024 |
| Market Cap | ₹152.9 Cr | |
| Book Value | ₹65.2 Cr | Mar2023 - Standalone Results |
| Price/Book | 2.35x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of CENTURY EXTRUSIONS
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹152.9 Cr] as on Apr 22,2024
(/) Book Value [ ₹65.2 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.35x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for CENTURY EXTRUSIONS , the investors are currently willing to pay '2.35 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 CENTURY EXTRUSIONS !
The chart below summarizes the trend in P/B Ratio of CENTURY EXTRUSIONS over the last five years.
Thus, for CENTURY EXTRUSIONS , the investors are currently willing to pay '2.35 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 CENTURY EXTRUSIONS !
The chart below summarizes the trend in P/B Ratio of CENTURY EXTRUSIONS over the last five years.
Historical PB (Price/Book ) ratio chart of CENTURY EXTRUSIONS
PB Ratio Performance Analysis for CENTURY EXTRUSIONS
- CENTURY EXTRUSIONS 's latest p/b ratio is 2.35x.
- CENTURY EXTRUSIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.86x.
- CENTURY EXTRUSIONS 's operated at median p/b ratio of 1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CENTURY EXTRUSIONS 's p/b ratio peaked in Mar2022 at 1.4x.
- CENTURY EXTRUSIONS 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
- CENTURY EXTRUSIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.86x.
- CENTURY EXTRUSIONS 's operated at median p/b ratio of 1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CENTURY EXTRUSIONS 's p/b ratio peaked in Mar2022 at 1.4x.
- CENTURY EXTRUSIONS 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
How does CENTURY EXTRUSIONS 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?
| Peer Comparison (Aluminium & Aluminium Products Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| CENTURY EXTRUSIONS | 65.15 | 2.35 | 152.9 |
| NATIONAL ALUMINIUM COMPANY LTD | 13,126.40 | 2.59 | 34,032.8 |
| HARDWYN INDIA LTD | 372.56 | 2.88 | 1,074.2 |
| ARFIN INDIA LTD | 88.09 | 9.77 | 860.3 |
| MAAN ALUMINIUM LTD | 130.28 | 6.37 | 830.2 |
| MMP INDUSTRIES LTD | 257.14 | 2.67 | 687.8 |
| PG FOILS LTD | 278.43 | 0.78 | 215.9 |
| MANAKSIA ALUMINIUM COMPANY LTD | 125.12 | 1.38 | 173.1 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs CENTURY EXTRUSIONS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.78x |
| Max industry PB | 9.77x |
| Median industry PB | 2.67x |
| Average industry PB | 3.60x |
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