ICRA
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The Current P/B Ratio of ICRA is 5.32.
| Share Price | ₹5,215.6 | Apr 19,2024 |
| Market Cap | ₹5,059.1 Cr | |
| Book Value | ₹950.3 Cr | Mar2023 - Consolidated Results |
| Price/Book | 5.32x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ICRA
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
Current Market Cap [ ₹5,059.1 Cr] as on Apr 19,2024
(/) Book Value [ ₹950.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.32x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ICRA , the investors are currently willing to pay '5.32 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 ICRA !
The chart below summarizes the trend in P/B Ratio of ICRA over the last five years.
Thus, for ICRA , the investors are currently willing to pay '5.32 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 ICRA !
The chart below summarizes the trend in P/B Ratio of ICRA over the last five years.
Historical PB (Price/Book ) ratio chart of ICRA
PB Ratio Performance Analysis for ICRA
- ICRA 's latest p/b ratio is 5.32x.
- ICRA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.18x.
- ICRA 's operated at median p/b ratio of 4.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICRA 's p/b ratio peaked in Mar2022 at 4.87x.
- ICRA 's p/b ratio hit its five-year low in Mar2020 of 2.98x.
- ICRA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.18x.
- ICRA 's operated at median p/b ratio of 4.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICRA 's p/b ratio peaked in Mar2022 at 4.87x.
- ICRA 's p/b ratio hit its five-year low in Mar2020 of 2.98x.
How does ICRA 's P/B Ratio benchmark against top 10 peers in Ratings Industry?
| Peer Comparison (Ratings Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| ICRA | 950.28 | 5.32 | 5,059.1 |
| CRISIL LTD | 2,158.69 | 14.72 | 31,766.8 |
| CARE RATINGS LTD | 665.76 | 4.81 | 3,204.5 |
Ratings Industry Benchmark (Top 10) PB Analysis vs ICRA 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 4.81x |
| Max industry PB | 14.72x |
| Median industry PB | 5.32x |
| Average industry PB | 8.28x |
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