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ELDECO HOUSING & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of ELDECO HOUSING & INDUSTRIES is 2.87.

Share Price ₹1,010.0May 07,2024
Market Cap ₹989.8 Cr
Book Value₹344.5 CrMar2023 - Consolidated Results
Price/Book 2.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ELDECO HOUSING & INDUSTRIES

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 ELDECO HOUSING & INDUSTRIES is calculated as :

Current Market Cap [ ₹989.8 Cr] as on May 07,2024

(/) Book Value [ ₹344.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.87x ]

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

Thus, for ELDECO HOUSING & INDUSTRIES , the investors are currently willing to pay '2.87 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 ELDECO HOUSING & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of ELDECO HOUSING & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of ELDECO HOUSING & INDUSTRIES


PB Ratio Performance Analysis for ELDECO HOUSING & INDUSTRIES

- ELDECO HOUSING & INDUSTRIES 's latest p/b ratio is 2.87x.

- ELDECO HOUSING & INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.55x.

- ELDECO HOUSING & INDUSTRIES 's operated at median p/b ratio of 1.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELDECO HOUSING & INDUSTRIES 's p/b ratio peaked in Mar2022 at 2.38x.

- ELDECO HOUSING & INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.69x.


How does ELDECO HOUSING & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
ELDECO HOUSING & INDUSTRIES 344.532.87989.8
DLF LTD37,687.505.63212,097.0
MACROTECH DEVELOPERS LTD17,028.006.54111,289.0
GODREJ PROPERTIES LTD9,992.517.7377,284.4
OBEROI REALTY LTD12,210.104.3753,404.1
THE PHOENIX MILLS LTD8,355.486.3753,199.9
PRESTIGE ESTATES PROJECTS LTD9,975.305.9058,890.6
BRIGADE ENTERPRISES LTD3,237.707.7925,221.1
NBCC (INDIA) LTD1,944.5011.9023,130.0
SIGNATUREGLOBAL (INDIA) LTD47.54370.2917,603.2
SOBHA LTD2,494.676.9317,300.4

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs ELDECO HOUSING & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.87x
Max industry PB 370.29x
Median industry PB 6.54x
Average industry PB 39.67x



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