GOLKUNDA DIAMONDS & JEWELLERY
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The Current P/B Ratio of GOLKUNDA DIAMONDS & JEWELLERY is 2.60.
Share Price | ₹169.1 | May 18,2024 |
Market Cap | ₹118.4 Cr | |
Book Value | ₹45.5 Cr | Mar2023 - Standalone Results |
Price/Book | 2.60x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GOLKUNDA DIAMONDS & JEWELLERY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹118.4 Cr] as on May 18,2024
(/) Book Value [ ₹45.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.60x ]
Thus, for GOLKUNDA DIAMONDS & JEWELLERY , the investors are currently willing to pay '2.60 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 GOLKUNDA DIAMONDS & JEWELLERY !
The chart below summarizes the trend in P/B Ratio of GOLKUNDA DIAMONDS & JEWELLERY over the last five years.
Historical PB (Price/Book ) ratio chart of GOLKUNDA DIAMONDS & JEWELLERY
PB Ratio Performance Analysis for GOLKUNDA DIAMONDS & JEWELLERY
- GOLKUNDA DIAMONDS & JEWELLERY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.86x.
- GOLKUNDA DIAMONDS & JEWELLERY 's operated at median p/b ratio of 0.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOLKUNDA DIAMONDS & JEWELLERY 's p/b ratio peaked in Mar2022 at 1.73x.
- GOLKUNDA DIAMONDS & JEWELLERY 's p/b ratio hit its five-year low in Mar2019 of 0.34x.
How does GOLKUNDA DIAMONDS & JEWELLERY 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GOLKUNDA DIAMONDS & JEWELLERY | 45.47 | 2.60 | 118.4 |
TITAN COMPANY LTD | 9,393.00 | 31.76 | 298,367.0 |
KALYAN JEWELLERS INDIA LTD | 4,189.06 | 10.15 | 42,533.4 |
RAJESH EXPORTS LTD | 14,723.60 | 0.61 | 8,958.2 |
SENCO GOLD LTD | 945.08 | 7.20 | 6,799.9 |
THANGAMAYIL JEWELLERY LTD | 388.79 | 8.82 | 3,429.2 |
PC JEWELLER LTD | 3,673.25 | 0.63 | 2,332.1 |
GOLDIAM INTERNATIONAL LTD | 585.66 | 3.13 | 1,834.7 |
DP ABHUSHAN LTD | 181.07 | 17.21 | 3,116.1 |
ASIAN STAR COMPANY LTD | 1,509.22 | 0.89 | 1,344.6 |
RENAISSANCE GLOBAL LTD | 1,021.46 | 1.00 | 1,023.8 |
Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs GOLKUNDA DIAMONDS & JEWELLERY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.61x |
Max industry PB | 31.76x |
Median industry PB | 3.13x |
Average industry PB | 7.64x |
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