INDRAPRASTHA GAS
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The Current P/B Ratio of INDRAPRASTHA GAS is 4.00.
Share Price | ₹453.0 | Apr 24,2024 |
Market Cap | ₹31,710.0 Cr | |
Book Value | ₹7,931.2 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.00x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDRAPRASTHA GAS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹31,710.0 Cr] as on Apr 24,2024
(/) Book Value [ ₹7,931.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.00x ]
Thus, for INDRAPRASTHA GAS , the investors are currently willing to pay '4.00 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 INDRAPRASTHA GAS !
The chart below summarizes the trend in P/B Ratio of INDRAPRASTHA GAS over the last five years.
Historical PB (Price/Book ) ratio chart of INDRAPRASTHA GAS
PB Ratio Performance Analysis for INDRAPRASTHA GAS
- INDRAPRASTHA GAS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.58x.
- INDRAPRASTHA GAS 's operated at median p/b ratio of 4.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDRAPRASTHA GAS 's p/b ratio peaked in Mar2021 at 5.64x.
- INDRAPRASTHA GAS 's p/b ratio hit its five-year low in Mar2022 of 3.44x.
How does INDRAPRASTHA GAS 's P/B Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDRAPRASTHA GAS | 7,931.24 | 4.00 | 31,710.0 |
ADANI TOTAL GAS LTD | 2,940.96 | 34.34 | 101,001.0 |
GUJARAT GAS LTD | 7,027.95 | 5.33 | 37,431.2 |
GUJARAT STATE PETRONET LTD | 9,448.90 | 1.77 | 16,692.2 |
MAHANAGAR GAS LTD | 4,134.22 | 3.40 | 14,052.1 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 148.86 | 1.93 | 286.7 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PB Analysis vs INDRAPRASTHA GAS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.77x |
Max industry PB | 34.34x |
Median industry PB | 4.00x |
Average industry PB | 8.46x |
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