GFL
|
The Current P/B Ratio of GFL is 0.34.
Share Price | ₹81.6 | Apr 24,2024 |
Market Cap | ₹897.2 Cr | |
Book Value | ₹2,601.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.34x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GFL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹897.2 Cr] as on Apr 24,2024
(/) Book Value [ ₹2,601.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.34x ]
Thus, for GFL , the investors are currently willing to pay '0.34 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 GFL !
The chart below summarizes the trend in P/B Ratio of GFL over the last five years.
Historical PB (Price/Book ) ratio chart of GFL
PB Ratio Performance Analysis for GFL
- GFL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.51x.
- GFL 's operated at median p/b ratio of 2.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GFL 's p/b ratio peaked in Mar2022 at 2.46x.
- GFL 's p/b ratio hit its five-year low in Mar2023 of 0.2x.
How does GFL 's P/B Ratio benchmark against top 10 peers in Finance - Investment Industry?
Peer Comparison (Finance - Investment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GFL | 2,601.75 | 0.34 | 897.2 |
BAJAJ FINSERV LTD | 45,936.40 | 5.66 | 260,136.0 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 7,578.80 | 2.73 | 20,684.6 |
CAPRI GLOBAL CAPITAL LTD | 3,540.12 | 5.27 | 18,660.1 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 3,416.41 | 4.51 | 15,413.4 |
IIFL FINANCE LTD | 8,982.41 | 1.93 | 17,375.3 |
KAMA HOLDINGS LTD | 5,709.11 | 1.57 | 8,961.1 |
JSW HOLDINGS LTD | 19,409.40 | 0.39 | 7,606.0 |
RELIGARE ENTERPRISES LTD | 2,055.36 | 3.61 | 7,420.3 |
JM FINANCIAL LTD | 8,119.65 | 0.98 | 7,932.4 |
SUNDARAM FINANCE HOLDINGS LTD | 3,569.91 | 1.53 | 5,470.4 |
Finance - Investment Industry Benchmark (Top 10) PB Analysis vs GFL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.34x |
Max industry PB | 5.66x |
Median industry PB | 1.93x |
Average industry PB | 2.59x |
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