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DECCAN CEMENTS
PB (Price/Book ) Ratio

The Current P/B Ratio of DECCAN CEMENTS is 1.29.

Share Price ₹634.5Apr 26,2024
Market Cap ₹888.2 Cr
Book Value₹687.5 CrMar2023 - Standalone Results
Price/Book 1.29xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DECCAN CEMENTS

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 DECCAN CEMENTS is calculated as :

Current Market Cap [ ₹888.2 Cr] as on Apr 26,2024

(/) Book Value [ ₹687.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.29x ]

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

Thus, for DECCAN CEMENTS , the investors are currently willing to pay '1.29 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 DECCAN CEMENTS !

The chart below summarizes the trend in P/B Ratio of DECCAN CEMENTS over the last five years.

Historical PB (Price/Book ) ratio chart of DECCAN CEMENTS


PB Ratio Performance Analysis for DECCAN CEMENTS

- DECCAN CEMENTS 's latest p/b ratio is 1.29x.

- DECCAN CEMENTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.02x.

- DECCAN CEMENTS 's operated at median p/b ratio of 1.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DECCAN CEMENTS 's p/b ratio peaked in Mar2019 at 1.44x.

- DECCAN CEMENTS 's p/b ratio hit its five-year low in Mar2020 of 0.58x.


How does DECCAN CEMENTS 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
DECCAN CEMENTS 687.461.29888.2
ULTRATECH CEMENT LTD54,244.405.16280,042.0
AMBUJA CEMENTS LTD26,698.206.33169,083.0
SHREE CEMENT LTD18,636.404.6787,104.0
ACC LTD16,329.702.9047,405.0
DALMIA BHARAT LTD16,397.002.0633,744.5
JK CEMENT LTD4,686.756.7031,400.3
THE RAMCO CEMENTS LTD6,861.062.7518,840.8
NUVOCO VISTAS CORPORATION LTD8,839.001.3812,209.4
JK LAKSHMI CEMENT LTD2,803.863.339,343.0
STAR CEMENT LTD2,416.383.809,191.1

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs DECCAN CEMENTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.29x
Max industry PB 6.70x
Median industry PB 3.33x
Average industry PB 3.67x



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