FLEX FOODS
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The Current P/B Ratio of FLEX FOODS is 1.75.
| Share Price | ₹143.7 | Apr 24,2024 |
| Market Cap | ₹178.1 Cr | |
| Book Value | ₹102.0 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.75x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of FLEX FOODS
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 [ ₹178.1 Cr] as on Apr 24,2024
(/) Book Value [ ₹102.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.75x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for FLEX FOODS , the investors are currently willing to pay '1.75 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 FLEX FOODS !
The chart below summarizes the trend in P/B Ratio of FLEX FOODS over the last five years.
Thus, for FLEX FOODS , the investors are currently willing to pay '1.75 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 FLEX FOODS !
The chart below summarizes the trend in P/B Ratio of FLEX FOODS over the last five years.
Historical PB (Price/Book ) ratio chart of FLEX FOODS
PB Ratio Performance Analysis for FLEX FOODS
- FLEX FOODS 's latest p/b ratio is 1.75x.
- FLEX FOODS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.80x.
- FLEX FOODS 's operated at median p/b ratio of 0.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FLEX FOODS 's p/b ratio peaked in Mar2022 at 0.96x.
- FLEX FOODS 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
- FLEX FOODS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.80x.
- FLEX FOODS 's operated at median p/b ratio of 0.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FLEX FOODS 's p/b ratio peaked in Mar2022 at 0.96x.
- FLEX FOODS 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
How does FLEX FOODS 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
| Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| FLEX FOODS | 102.02 | 1.75 | 178.1 |
| NESTLE INDIA LTD | 3,340.89 | 72.23 | 241,319.0 |
| VARUN BEVERAGES LTD | 6,927.65 | 27.10 | 187,738.0 |
| BRITANNIA INDUSTRIES LTD | 3,534.27 | 32.90 | 116,290.0 |
| MARICO LTD | 3,756.00 | 17.56 | 65,966.8 |
| JUBILANT FOODWORKS LTD | 2,025.48 | 14.34 | 29,046.4 |
| HATSUN AGRO PRODUCT LTD | 1,572.25 | 15.77 | 24,788.5 |
| DEVYANI INTERNATIONAL LTD | 953.84 | 21.06 | 20,083.6 |
| BIKAJI FOODS INTERNATIONAL LTD | 942.45 | 13.92 | 13,118.8 |
| SAPPHIRE FOODS INDIA LTD | 1,233.76 | 7.22 | 8,909.7 |
| GODREJ AGROVET LTD | 2,331.74 | 4.49 | 10,468.8 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs FLEX FOODS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.75x |
| Max industry PB | 72.23x |
| Median industry PB | 15.77x |
| Average industry PB | 20.76x |
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