IFCI
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The Current P/B Ratio of IFCI is 2.82.
Share Price | ₹49.0 | May 07,2024 |
Market Cap | ₹12,798.8 Cr | |
Book Value | ₹4,534.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.82x | Calculated as MarketCap/Book Value |
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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 [ ₹12,798.8 Cr] as on May 07,2024
(/) Book Value [ ₹4,534.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.82x ]
Thus, for IFCI , the investors are currently willing to pay '2.82 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 | 4,534.24 | 2.82 | 12,798.8 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 45,470.30 | 4.31 | 195,962.0 |
POWER FINANCE CORPORATION LTD | 84,158.50 | 1.65 | 139,198.0 |
REC LTD | 69,350.20 | 1.92 | 133,452.0 |
UJJIVAN FINANCIAL SERVICES LTD | 3,162.18 | 2.27 | 7,189.6 |
MAS FINANCIAL SERVICES LTD | 1,518.65 | 3.13 | 4,758.1 |
SATIN CREDITCARE NETWORK LTD | 2,400.85 | 1.11 | 2,660.7 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 1,017.10 | 1.48 | 1,505.6 |
GUJARAT STATE FINANCIAL CORPORATION LTD | -2,813.52 | -0.08 | 228.8 |
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 | 4.31x |
Median industry PB | 1.92x |
Average industry PB | 2.07x |
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