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GODREJ AGROVET
PB (Price/Book ) Ratio

The Current P/B Ratio of GODREJ AGROVET is 4.51.

Share Price ₹546.6Apr 19,2024
Market Cap ₹10,504.7 Cr
Book Value₹2,331.7 CrMar2023 - Consolidated Results
Price/Book 4.51xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GODREJ AGROVET

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 GODREJ AGROVET is calculated as :

Current Market Cap [ ₹10,504.7 Cr] as on Apr 19,2024

(/) Book Value [ ₹2,331.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.51x ]

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

Thus, for GODREJ AGROVET , the investors are currently willing to pay '4.51 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 GODREJ AGROVET !

The chart below summarizes the trend in P/B Ratio of GODREJ AGROVET over the last five years.

Historical PB (Price/Book ) ratio chart of GODREJ AGROVET


PB Ratio Performance Analysis for GODREJ AGROVET

- GODREJ AGROVET 's latest p/b ratio is 4.51x.

- GODREJ AGROVET 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.37x.

- GODREJ AGROVET 's operated at median p/b ratio of 3.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GODREJ AGROVET 's p/b ratio peaked in Mar2019 at 5.94x.

- GODREJ AGROVET 's p/b ratio hit its five-year low in Mar2023 of 3.4x.


How does GODREJ AGROVET 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Book ValuePB RatioMarket Cap
GODREJ AGROVET 2,331.744.5110,504.7
NESTLE INDIA LTD3,092.7575.98234,975.0
VARUN BEVERAGES LTD6,927.6526.18181,345.0
BRITANNIA INDUSTRIES LTD3,534.2731.81112,440.0
MARICO LTD3,756.0017.4065,358.6
JUBILANT FOODWORKS LTD2,025.4814.1928,746.2
HATSUN AGRO PRODUCT LTD1,440.6815.4422,248.1
DEVYANI INTERNATIONAL LTD953.8420.2919,354.0
BIKAJI FOODS INTERNATIONAL LTD942.4513.8413,039.9
SAPPHIRE FOODS INDIA LTD1,233.767.639,415.2
ZYDUS WELLNESS LTD5,122.652.0310,385.4

Consumer Food Industry Benchmark (Top 10) PB Analysis vs GODREJ AGROVET 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.03x
Max industry PB 75.98x
Median industry PB 15.44x
Average industry PB 20.85x



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