IFCI
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The Current P/B Ratio of IFCI is 3.56.
Share Price | ₹45.9 | Apr 25,2024 |
Market Cap | ₹11,993.8 Cr | |
Book Value | ₹3,366.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.56x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of IFCI
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,993.8 Cr] as on Apr 25,2024
(/) Book Value [ ₹3,366.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.56x ]
Thus, for IFCI , the investors are currently willing to pay '3.56 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 IFCI !
The chart below summarizes the trend in P/B Ratio of IFCI over the last five years.
Historical PB (Price/Book ) ratio chart of IFCI
PB Ratio Performance Analysis for IFCI
- IFCI 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.54x.
- IFCI 's operated at median p/b ratio of 0.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IFCI 's p/b ratio peaked in Mar2022 at 0.83x.
- IFCI 's p/b ratio hit its five-year low in Mar2020 of 0.14x.
How does IFCI 's P/B Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
IFCI | 3,366.72 | 3.56 | 11,993.8 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 45,470.30 | 4.32 | 196,354.0 |
POWER FINANCE CORPORATION LTD | 84,158.50 | 1.60 | 134,281.0 |
REC LTD | 58,120.50 | 2.05 | 119,088.0 |
UJJIVAN FINANCIAL SERVICES LTD | 3,162.18 | 2.16 | 6,834.6 |
MAS FINANCIAL SERVICES LTD | 1,518.65 | 3.33 | 5,050.0 |
SATIN CREDITCARE NETWORK LTD | 1,598.85 | 1.76 | 2,817.6 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 1,017.10 | 1.66 | 1,690.3 |
GUJARAT STATE FINANCIAL CORPORATION LTD | -2,813.52 | -0.08 | 225.6 |
Finance Term Lending Industry Benchmark (Top 10) PB Analysis vs IFCI 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.08x |
Max industry PB | 4.32x |
Median industry PB | 2.05x |
Average industry PB | 2.26x |
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