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GREENPANEL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of GREENPANEL INDUSTRIES is 3.26.

Share Price ₹317.3Apr 26,2024
Market Cap ₹3,889.5 Cr
Book Value₹1,193.9 CrMar2023 - Consolidated Results
Price/Book 3.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GREENPANEL INDUSTRIES

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 GREENPANEL INDUSTRIES is calculated as :

Current Market Cap [ ₹3,889.5 Cr] as on Apr 26,2024

(/) Book Value [ ₹1,193.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.26x ]

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

Thus, for GREENPANEL INDUSTRIES , the investors are currently willing to pay '3.26 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 GREENPANEL INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of GREENPANEL INDUSTRIES


PB Ratio Performance Analysis for GREENPANEL INDUSTRIES

- GREENPANEL INDUSTRIES 's latest p/b ratio is 3.26x.

- GREENPANEL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.72x.

- GREENPANEL INDUSTRIES 's operated at median p/b ratio of 2.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GREENPANEL INDUSTRIES 's p/b ratio peaked in Mar2022 at 7.57x.

- GREENPANEL INDUSTRIES 's p/b ratio hit its five-year low in Mar2019 of 0x.


How does GREENPANEL INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Wood & Wood Products Industry?

Peer Comparison (Wood & Wood Products Industry)Book ValuePB RatioMarket Cap
GREENPANEL INDUSTRIES 1,193.913.263,889.5
CENTURY PLYBOARDS (INDIA) LTD1,914.327.4114,176.9
GREENPLY INDUSTRIES LTD617.165.293,261.9
ORIENTAL RAIL INFRASTRUCTURE LTD107.7017.081,839.2
DUROPLY INDUSTRIES LTD85.553.38289.4
PRITI INTERNATIONAL LTD41.285.46225.2
ARCHIDPLY INDUSTRIES LTD103.812.27235.3

Wood & Wood Products Industry Benchmark (Top 10) PB Analysis vs GREENPANEL INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.27x
Max industry PB 17.08x
Median industry PB 5.29x
Average industry PB 6.30x



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