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GOLKUNDA DIAMONDS & JEWELLERY
PB (Price/Book ) Ratio

The Current P/B Ratio of GOLKUNDA DIAMONDS & JEWELLERY is 2.60.

Share Price ₹169.1May 18,2024
Market Cap ₹118.4 Cr
Book Value₹45.5 CrMar2023 - Standalone Results
Price/Book 2.60xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GOLKUNDA DIAMONDS & JEWELLERY

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 GOLKUNDA DIAMONDS & JEWELLERY is calculated as :

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 ]

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

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 latest p/b ratio is 2.60x.

- 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 ValuePB RatioMarket Cap
GOLKUNDA DIAMONDS & JEWELLERY 45.472.60118.4
TITAN COMPANY LTD9,393.0031.76298,367.0
KALYAN JEWELLERS INDIA LTD4,189.0610.1542,533.4
RAJESH EXPORTS LTD14,723.600.618,958.2
SENCO GOLD LTD945.087.206,799.9
THANGAMAYIL JEWELLERY LTD388.798.823,429.2
PC JEWELLER LTD3,673.250.632,332.1
GOLDIAM INTERNATIONAL LTD585.663.131,834.7
DP ABHUSHAN LTD181.0717.213,116.1
ASIAN STAR COMPANY LTD1,509.220.891,344.6
RENAISSANCE GLOBAL LTD1,021.461.001,023.8

Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs GOLKUNDA DIAMONDS & JEWELLERY 's P/B Ratio

Top 10 Industry PeersPB 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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