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GP PETROLEUMS
PB (Price/Book ) Ratio

The Current P/B Ratio of GP PETROLEUMS is 1.12.

Share Price ₹60.5Mar 28,2024
Market Cap ₹308.6 Cr
Book Value₹276.2 CrMar2023 - Standalone Results
Price/Book 1.12xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GP PETROLEUMS

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 GP PETROLEUMS is calculated as :

Current Market Cap [ ₹308.6 Cr] as on Mar 28,2024

(/) Book Value [ ₹276.2 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.12x ]

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

Thus, for GP PETROLEUMS , the investors are currently willing to pay '1.12 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 GP PETROLEUMS !

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

Historical PB (Price/Book ) ratio chart of GP PETROLEUMS


PB Ratio Performance Analysis for GP PETROLEUMS

- GP PETROLEUMS 's latest p/b ratio is 1.12x.

- GP PETROLEUMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.92x.

- GP PETROLEUMS 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GP PETROLEUMS 's p/b ratio peaked in Mar2019 at 1.58x.

- GP PETROLEUMS 's p/b ratio hit its five-year low in Mar2023 of 0.57x.


How does GP PETROLEUMS 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Book ValuePB RatioMarket Cap
GP PETROLEUMS 276.181.12308.6
CASTROL INDIA LTD2,042.749.0118,397.7
GULF OIL LUBRICANTS INDIA LTD1,167.673.954,617.7
SAVITA OIL TECHNOLOGIES LTD1,449.052.203,180.7
TIDE WATER OIL COMPANY (INDIA) LTD763.603.192,435.0
PANAMA PETROCHEM LTD952.082.102,002.0

Lubricants Industry Benchmark (Top 10) PB Analysis vs GP PETROLEUMS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.12x
Max industry PB 9.01x
Median industry PB 3.19x
Average industry PB 3.59x



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