COSMO FIRST
|
The Current P/B Ratio of COSMO FIRST is 1.28.
| Share Price | ₹628.9 | Apr 24,2024 |
| Market Cap | ₹1,647.7 Cr | |
| Book Value | ₹1,285.6 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.28x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of COSMO FIRST
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 [ ₹1,647.7 Cr] as on Apr 24,2024
(/) Book Value [ ₹1,285.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.28x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for COSMO FIRST , the investors are currently willing to pay '1.28 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 COSMO FIRST !
The chart below summarizes the trend in P/B Ratio of COSMO FIRST over the last five years.
Thus, for COSMO FIRST , the investors are currently willing to pay '1.28 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 COSMO FIRST !
The chart below summarizes the trend in P/B Ratio of COSMO FIRST over the last five years.
Historical PB (Price/Book ) ratio chart of COSMO FIRST
PB Ratio Performance Analysis for COSMO FIRST
- COSMO FIRST 's latest p/b ratio is 1.28x.
- COSMO FIRST 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.26x.
- COSMO FIRST 's operated at median p/b ratio of 1.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COSMO FIRST 's p/b ratio peaked in Mar2022 at 2.66x.
- COSMO FIRST 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
- COSMO FIRST 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.26x.
- COSMO FIRST 's operated at median p/b ratio of 1.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COSMO FIRST 's p/b ratio peaked in Mar2022 at 2.66x.
- COSMO FIRST 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does COSMO FIRST 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| COSMO FIRST | 1,285.60 | 1.28 | 1,647.7 |
| ASTRAL LTD | 2,709.20 | 19.73 | 53,440.7 |
| SUPREME INDUSTRIES LTD | 4,402.12 | 12.26 | 53,968.0 |
| FINOLEX INDUSTRIES LTD | 4,903.07 | 3.47 | 17,013.5 |
| RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.73 | 7,759.6 |
| PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 5.09 | 6,938.8 |
| EPL LTD | 1,956.60 | 2.85 | 5,579.6 |
| JAI CORP LTD | 1,431.82 | 3.97 | 5,678.3 |
| TIME TECHNOPLAST LTD | 2,265.81 | 2.81 | 6,360.8 |
| GARWARE HITECH FILMS LTD | 1,855.82 | 2.20 | 4,090.1 |
| JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.79 | 4,034.2 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs COSMO FIRST 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.79x |
| Max industry PB | 19.73x |
| Median industry PB | 3.47x |
| Average industry PB | 5.65x |
You may also like the below Video Courses
