GOYAL ALUMINIUMS
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The Current P/B Ratio of GOYAL ALUMINIUMS is 0.22.
Share Price | ₹9.1 | May 31,2024 |
Market Cap | ₹130.0 Cr | |
Book Value | ₹599.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.22x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GOYAL ALUMINIUMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹130.0 Cr] as on May 31,2024
(/) Book Value [ ₹599.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.22x ]
Thus, for GOYAL ALUMINIUMS , the investors are currently willing to pay '0.22 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 GOYAL ALUMINIUMS !
The chart below summarizes the trend in P/B Ratio of GOYAL ALUMINIUMS over the last five years.
Historical PB (Price/Book ) ratio chart of GOYAL ALUMINIUMS
PB Ratio Performance Analysis for GOYAL ALUMINIUMS
- GOYAL ALUMINIUMS 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 143.63x.
- GOYAL ALUMINIUMS 's operated at median p/b ratio of 278.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, GOYAL ALUMINIUMS 's p/b ratio peaked in Mar2023 at 278.76x.
- GOYAL ALUMINIUMS 's p/b ratio hit its five-year low in Mar2022 of 8.49x.
How does GOYAL ALUMINIUMS 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GOYAL ALUMINIUMS | 599.32 | 0.22 | 130.0 |
ADANI ENTERPRISES LTD | 36,452.10 | 10.67 | 388,906.0 |
REDINGTON LTD | 7,548.72 | 2.05 | 15,483.0 |
HONASA CONSUMER LTD | 1,095.27 | 13.07 | 14,320.2 |
MMTC LTD | 1,410.63 | 7.47 | 10,534.5 |
MSTC LTD | 889.04 | 7.05 | 6,271.6 |
LLOYDS ENTERPRISES LTD | 2,032.07 | 2.01 | 4,091.2 |
VERITAS (INDIA) LTD | 2,510.14 | 1.45 | 3,649.2 |
NOVARTIS INDIA LTD | 744.82 | 3.46 | 2,577.5 |
OPTIEMUS INFRACOM LTD | 382.46 | 5.81 | 2,222.4 |
MISHTANN FOODS LTD | 218.68 | 8.03 | 1,756.8 |
Trading Industry Benchmark (Top 10) PB Analysis vs GOYAL ALUMINIUMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.22x |
Max industry PB | 13.07x |
Median industry PB | 5.81x |
Average industry PB | 5.57x |
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