FINO PAYMENTS BANK
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The Current P/B Ratio of FINO PAYMENTS BANK is 3.81.
| Share Price | ₹287.2 | May 06,2024 |
| Market Cap | ₹2,389.5 Cr | |
| Book Value | ₹628.0 Cr | Mar2024 - Standalone Results |
| Price/Book | 3.81x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
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
Current Market Cap [ ₹2,389.5 Cr] as on May 06,2024
(/) Book Value [ ₹628.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.81x ]
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 '3.81 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.
Thus, for FINO PAYMENTS BANK , the investors are currently willing to pay '3.81 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 3.81x.
- 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.
- 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 Value | PB Ratio | Market Cap |
|---|---|---|---|
| FINO PAYMENTS BANK | 627.95 | 3.81 | 2,389.5 |
| HDFC BANK LTD | 453,743.00 | 2.55 | 1,157,810.0 |
| ICICI BANK LTD | 251,627.00 | 3.21 | 807,181.0 |
| KOTAK MAHINDRA BANK LTD | 129,892.00 | 2.49 | 322,989.0 |
| AXIS BANK LTD | 156,129.00 | 2.26 | 353,250.0 |
| INDUSIND BANK LTD | 62,911.90 | 1.85 | 116,625.0 |
| IDBI BANK LTD | 43,139.60 | 2.21 | 95,481.3 |
| YES BANK LTD | 41,206.80 | 1.76 | 72,450.0 |
| IDFC FIRST BANK LTD | 32,214.70 | 1.76 | 56,619.6 |
| AU SMALL FINANCE BANK LTD | 12,559.50 | 3.75 | 47,089.2 |
| THE FEDERAL BANK LTD | 30,100.30 | 1.33 | 39,900.6 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs FINO PAYMENTS BANK 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.33x |
| Max industry PB | 3.81x |
| Median industry PB | 2.26x |
| Average industry PB | 2.45x |
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