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FINO PAYMENTS BANK
PB (Price/Book ) Ratio

The Current P/B Ratio of FINO PAYMENTS BANK is 4.32.

Share Price ₹281.3Mar 28,2024
Market Cap ₹2,340.0 Cr
Book Value₹541.7 CrMar2023 - Standalone Results
Price/Book 4.32xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of FINO PAYMENTS BANK

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 FINO PAYMENTS BANK is calculated as :

Current Market Cap [ ₹2,340.0 Cr] as on Mar 28,2024

(/) Book Value [ ₹541.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 4.32x ]

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

Thus, for FINO PAYMENTS BANK , the investors are currently willing to pay '4.32 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 FINO PAYMENTS BANK !

The chart below summarizes the trend in P/B Ratio of FINO PAYMENTS BANK over the last five years.

Historical PB (Price/Book ) ratio chart of FINO PAYMENTS BANK


PB Ratio Performance Analysis for FINO PAYMENTS BANK

- FINO PAYMENTS BANK 's latest p/b ratio is 4.32x.

- FINO PAYMENTS BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.50x.

- FINO PAYMENTS BANK 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FINO PAYMENTS BANK 's p/b ratio peaked in Mar2022 at 4.38x.

- FINO PAYMENTS BANK 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does FINO PAYMENTS BANK 's P/B Ratio benchmark against top 10 peers in Bank - Private Industry?

Peer Comparison (Bank - Private Industry)Book ValuePB RatioMarket Cap
FINO PAYMENTS BANK 541.734.322,340.0
HDFC BANK LTD288,320.003.821,100,180.0
ICICI BANK LTD213,737.003.60769,544.0
KOTAK MAHINDRA BANK LTD112,254.003.16355,003.0
AXIS BANK LTD129,356.002.50323,549.0
INDUSIND BANK LTD54,960.302.20121,083.0
IDBI BANK LTD46,319.201.8887,008.4
YES BANK LTD39,739.601.6866,741.5
IDFC FIRST BANK LTD25,810.402.0753,300.2
AU SMALL FINANCE BANK LTD10,933.303.4637,844.5
THE FEDERAL BANK LTD22,119.101.6536,566.8

Bank - Private Industry Benchmark (Top 10) PB Analysis vs FINO PAYMENTS BANK 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.65x
Max industry PB 4.32x
Median industry PB 2.50x
Average industry PB 2.76x



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