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INDBANK MERCHANT BANKING SERVICES
PB (Price/Book ) Ratio

The Current P/B Ratio of INDBANK MERCHANT BANKING SERVICES is 2.56.

Share Price ₹42.9Mar 28,2024
Market Cap ₹190.6 Cr
Book Value₹74.5 CrMar2023 - Standalone Results
Price/Book 2.56xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDBANK MERCHANT BANKING SERVICES

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

Applying the above formula, P/B ratio of INDBANK MERCHANT BANKING SERVICES is calculated as :

Current Market Cap [ ₹190.6 Cr] as on Mar 28,2024

(/) Book Value [ ₹74.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.56x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for INDBANK MERCHANT BANKING SERVICES , the investors are currently willing to pay '2.56 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 INDBANK MERCHANT BANKING SERVICES !

The chart below summarizes the trend in P/B Ratio of INDBANK MERCHANT BANKING SERVICES over the last five years.

Historical PB (Price/Book ) ratio chart of INDBANK MERCHANT BANKING SERVICES


PB Ratio Performance Analysis for INDBANK MERCHANT BANKING SERVICES

- INDBANK MERCHANT BANKING SERVICES 's latest p/b ratio is 2.56x.

- INDBANK MERCHANT BANKING SERVICES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.91x.

- INDBANK MERCHANT BANKING SERVICES 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDBANK MERCHANT BANKING SERVICES 's p/b ratio peaked in Mar2022 at 1.35x.

- INDBANK MERCHANT BANKING SERVICES 's p/b ratio hit its five-year low in Mar2020 of 0.36x.


How does INDBANK MERCHANT BANKING SERVICES 's P/B Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?

Peer Comparison (Finance - Stock Broking Industry)Book ValuePB RatioMarket Cap
INDBANK MERCHANT BANKING SERVICES 74.512.56190.6
MOTILAL OSWAL FINANCIAL SERVICES LTD6,157.754.0324,808.2
ICICI SECURITIES LTD2,803.898.3723,464.1
ANGEL ONE LTD2,103.7512.1625,571.2
MULTI COMMODITY EXCHANGE OF INDIA LTD2,069.068.2517,076.8
SHARE INDIA SECURITIES LTD800.007.706,162.3
CHOICE INTERNATIONAL LTD470.2611.615,459.0
DHANI SERVICES LTD3,798.730.612,326.2
MONARCH NETWORTH CAPITAL LTD222.858.051,793.7
GEOJIT FINANCIAL SERVICES LTD722.292.131,536.7
5PAISA CAPITAL LTD456.093.451,572.8

Finance - Stock Broking Industry Benchmark (Top 10) PB Analysis vs INDBANK MERCHANT BANKING SERVICES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.61x
Max industry PB 12.16x
Median industry PB 7.70x
Average industry PB 6.26x



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