INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY
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The Current P/B Ratio of INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY is 1.17.
Share Price | ₹5,300.0 | May 10,2024 |
Market Cap | ₹901.0 Cr | |
Book Value | ₹769.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.17x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹901.0 Cr] as on May 10,2024
(/) Book Value [ ₹769.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.17x ]
Thus, for INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY , the investors are currently willing to pay '1.17 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 INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY !
The chart below summarizes the trend in P/B Ratio of INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY
PB Ratio Performance Analysis for INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY
- INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.43x.
- INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's operated at median p/b ratio of 0.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's p/b ratio peaked in Mar2019 at 0.53x.
- INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's p/b ratio hit its five-year low in Mar2021 of 0.37x.
How does INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY | 769.40 | 1.17 | 901.0 |
BAJAJ FINANCE LTD | 76,695.40 | 5.40 | 414,468.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 54,247.50 | 1.73 | 93,807.1 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 14,262.70 | 7.47 | 106,584.0 |
SHRIRAM FINANCE LTD | 48,947.20 | 1.80 | 88,151.6 |
SBI CARDS AND PAYMENT SERVICES LTD | 9,789.93 | 6.99 | 68,479.4 |
MUTHOOT FINANCE LTD | 21,663.70 | 3.08 | 66,811.2 |
ADITYA BIRLA CAPITAL LTD | 20,076.60 | 2.80 | 56,253.7 |
SUNDARAM FINANCE LTD | 9,906.75 | 5.12 | 50,722.8 |
L&T FINANCE HOLDINGS LTD | 23,438.40 | 1.65 | 38,580.1 |
POONAWALLA FINCORP LTD | 6,742.68 | 5.32 | 35,840.0 |
Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs INDUSTRIAL & PRUDENTIAL INVESTMENT COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.17x |
Max industry PB | 7.47x |
Median industry PB | 3.08x |
Average industry PB | 3.87x |
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