Home > PB Ratio > COMPETENT AUTOMOBILES COMPANY

COMPETENT AUTOMOBILES COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of COMPETENT AUTOMOBILES COMPANY is 1.11.

Share Price ₹562.8Apr 23,2024
Market Cap ₹343.3 Cr
Book Value₹310.5 CrMar2023 - Standalone Results
Price/Book 1.11xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for COMPETENT AUTOMOBILES COMPANY
Please provide your vote to see the results
COMPETENT AUTOMOBILES COMPANY is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of COMPETENT AUTOMOBILES COMPANY

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

Applying the above formula, P/B ratio of COMPETENT AUTOMOBILES COMPANY is calculated as :

Current Market Cap [ ₹343.3 Cr] as on Apr 23,2024

(/) Book Value [ ₹310.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.11x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for COMPETENT AUTOMOBILES COMPANY , the investors are currently willing to pay '1.11 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 COMPETENT AUTOMOBILES COMPANY !

The chart below summarizes the trend in P/B Ratio of COMPETENT AUTOMOBILES COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of COMPETENT AUTOMOBILES COMPANY


PB Ratio Performance Analysis for COMPETENT AUTOMOBILES COMPANY

- COMPETENT AUTOMOBILES COMPANY 's latest p/b ratio is 1.11x.

- COMPETENT AUTOMOBILES COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.36x.

- COMPETENT AUTOMOBILES COMPANY 's operated at median p/b ratio of 0.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COMPETENT AUTOMOBILES COMPANY 's p/b ratio peaked in Mar2019 at 0.51x.

- COMPETENT AUTOMOBILES COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.23x.


How does COMPETENT AUTOMOBILES COMPANY 's P/B Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?

Peer Comparison (Automobiles - Dealers & Distributors Industry)Book ValuePB RatioMarket Cap
COMPETENT AUTOMOBILES COMPANY 310.481.11343.3
CARTRADE TECH LTD1,812.731.813,279.6
LANDMARK CARS LTD463.376.823,158.0

Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PB Analysis vs COMPETENT AUTOMOBILES COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.11x
Max industry PB 6.82x
Median industry PB 1.81x
Average industry PB 3.24x



You may also like the below Video Courses