INDAG RUBBER
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The Current P/B Ratio of INDAG RUBBER is 1.85.
Share Price | ₹148.6 | Apr 23,2024 |
Market Cap | ₹390.8 Cr | |
Book Value | ₹211.8 Cr | Mar2023 - Standalone Results |
Price/Book | 1.85x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDAG RUBBER
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹390.8 Cr] as on Apr 23,2024
(/) Book Value [ ₹211.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.85x ]
Thus, for INDAG RUBBER , the investors are currently willing to pay '1.85 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 INDAG RUBBER !
The chart below summarizes the trend in P/B Ratio of INDAG RUBBER over the last five years.
Historical PB (Price/Book ) ratio chart of INDAG RUBBER
PB Ratio Performance Analysis for INDAG RUBBER
- INDAG RUBBER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.08x.
- INDAG RUBBER 's operated at median p/b ratio of 1.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDAG RUBBER 's p/b ratio peaked in Mar2019 at 1.47x.
- INDAG RUBBER 's p/b ratio hit its five-year low in Mar2020 of 0.74x.
How does INDAG RUBBER 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDAG RUBBER | 211.81 | 1.85 | 390.8 |
APCOTEX INDUSTRIES LTD | 476.01 | 4.99 | 2,375.8 |
PIX TRANSMISSIONS LTD | 417.99 | 4.51 | 1,886.1 |
GRP LTD | 147.42 | 5.91 | 871.1 |
RUBFILA INTERNATIONAL LTD | 252.09 | 1.59 | 401.1 |
CAPTAIN PIPES LTD | 20.05 | 15.72 | 315.2 |
SOMI CONVEYOR BELTINGS LTD | 66.50 | 2.48 | 164.9 |
DOLFIN RUBBERS LTD | 24.67 | 7.82 | 192.9 |
Rubber Products Industry Benchmark (Top 10) PB Analysis vs INDAG RUBBER 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.59x |
Max industry PB | 15.72x |
Median industry PB | 4.99x |
Average industry PB | 5.61x |
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