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GARDEN REACH SHIPBUILDERS & ENGINEERS
PB (Price/Book ) Ratio

The Current P/B Ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS is 7.40.

Share Price ₹912.6May 10,2024
Market Cap ₹10,457.8 Cr
Book Value₹1,413.8 CrMar2023 - Standalone Results
Price/Book 7.40xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS

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 GARDEN REACH SHIPBUILDERS & ENGINEERS is calculated as :

Current Market Cap [ ₹10,457.8 Cr] as on May 10,2024

(/) Book Value [ ₹1,413.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 7.40x ]

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

Thus, for GARDEN REACH SHIPBUILDERS & ENGINEERS , the investors are currently willing to pay '7.40 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 GARDEN REACH SHIPBUILDERS & ENGINEERS !

The chart below summarizes the trend in P/B Ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS over the last five years.

Historical PB (Price/Book ) ratio chart of GARDEN REACH SHIPBUILDERS & ENGINEERS


PB Ratio Performance Analysis for GARDEN REACH SHIPBUILDERS & ENGINEERS

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's latest p/b ratio is 7.40x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.04x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's operated at median p/b ratio of 1.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/b ratio peaked in Mar2023 at 3.69x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/b ratio hit its five-year low in Mar2019 of 1.08x.


How does GARDEN REACH SHIPBUILDERS & ENGINEERS 's P/B Ratio benchmark against top 10 peers in Ship Building Industry?

Peer Comparison (Ship Building Industry)Book ValuePB RatioMarket Cap
GARDEN REACH SHIPBUILDERS & ENGINEERS 1,413.827.4010,457.8
MAZAGON DOCK SHIPBUILDERS LTD4,760.169.3144,310.3
COCHIN SHIPYARD LTD4,427.657.3132,362.9

Ship Building Industry Benchmark (Top 10) PB Analysis vs GARDEN REACH SHIPBUILDERS & ENGINEERS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 7.31x
Max industry PB 9.31x
Median industry PB 7.40x
Average industry PB 8.01x



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