CESC
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The Current P/B Ratio of CESC is 1.72.
Share Price | ₹141.4 | Apr 25,2024 |
Market Cap | ₹18,744.0 Cr | |
Book Value | ₹10,910.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.72x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CESC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹18,744.0 Cr] as on Apr 25,2024
(/) Book Value [ ₹10,910.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.72x ]
Thus, for CESC , the investors are currently willing to pay '1.72 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 CESC !
The chart below summarizes the trend in P/B Ratio of CESC over the last five years.
Historical PB (Price/Book ) ratio chart of CESC
PB Ratio Performance Analysis for CESC
- CESC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.85x.
- CESC 's operated at median p/b ratio of 0.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CESC 's p/b ratio peaked in Mar2019 at 1.07x.
- CESC 's p/b ratio hit its five-year low in Mar2020 of 0.58x.
How does CESC 's P/B Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CESC | 10,910.40 | 1.72 | 18,744.0 |
NTPC LTD | 147,023.00 | 2.36 | 347,432.0 |
ADANI GREEN ENERGY LTD | 5,880.00 | 48.84 | 287,201.0 |
POWER GRID CORPORATION OF INDIA LTD | 83,014.50 | 3.28 | 272,601.0 |
ADANI POWER LTD | 29,875.70 | 7.65 | 228,485.0 |
TATA POWER COMPANY LTD | 28,787.40 | 4.79 | 137,879.0 |
ADANI ENERGY SOLUTIONS LTD | 11,662.40 | 10.05 | 117,149.0 |
NHPC LTD | 36,899.30 | 2.48 | 91,429.9 |
JSW ENERGY LTD | 18,563.70 | 5.69 | 105,714.0 |
TORRENT POWER LTD | 11,010.00 | 6.58 | 72,426.5 |
SJVN LTD | 13,859.50 | 3.77 | 52,246.6 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs CESC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.72x |
Max industry PB | 48.84x |
Median industry PB | 4.79x |
Average industry PB | 8.84x |
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