GRP
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The Current P/B Ratio of GRP is 5.76.
Share Price | ₹6,527.4 | May 03,2024 |
Market Cap | ₹848.6 Cr | |
Book Value | ₹147.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.76x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GRP
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹848.6 Cr] as on May 03,2024
(/) Book Value [ ₹147.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.76x ]
Thus, for GRP , the investors are currently willing to pay '5.76 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 GRP !
The chart below summarizes the trend in P/B Ratio of GRP over the last five years.
Historical PB (Price/Book ) ratio chart of GRP
PB Ratio Performance Analysis for GRP
- GRP 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.26x.
- GRP 's operated at median p/b ratio of 1.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRP 's p/b ratio peaked in Mar2023 at 2.33x.
- GRP 's p/b ratio hit its five-year low in Mar2020 of 0.66x.
How does GRP 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GRP | 147.42 | 5.76 | 848.6 |
APCOTEX INDUSTRIES LTD | 476.01 | 4.84 | 2,304.3 |
PIX TRANSMISSIONS LTD | 417.99 | 4.32 | 1,807.0 |
RUBFILA INTERNATIONAL LTD | 252.09 | 1.60 | 404.4 |
INDAG RUBBER LTD | 211.81 | 1.94 | 410.8 |
CAPTAIN PIPES LTD | 20.05 | 14.68 | 294.2 |
SOMI CONVEYOR BELTINGS LTD | 66.50 | 2.62 | 174.3 |
DOLFIN RUBBERS LTD | 24.67 | 8.63 | 212.9 |
Rubber Products Industry Benchmark (Top 10) PB Analysis vs GRP 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.60x |
Max industry PB | 14.68x |
Median industry PB | 4.84x |
Average industry PB | 5.55x |
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