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IRCON INTERNATIONAL
PB (Price/Book ) Ratio

The Current P/B Ratio of IRCON INTERNATIONAL is 3.95.

Share Price ₹218.9Mar 28,2024
Market Cap ₹20,587.5 Cr
Book Value₹5,211.5 CrMar2023 - Consolidated Results
Price/Book 3.95xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of IRCON INTERNATIONAL

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 IRCON INTERNATIONAL is calculated as :

Current Market Cap [ ₹20,587.5 Cr] as on Mar 28,2024

(/) Book Value [ ₹5,211.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.95x ]

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

Thus, for IRCON INTERNATIONAL , the investors are currently willing to pay '3.95 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 IRCON INTERNATIONAL !

The chart below summarizes the trend in P/B Ratio of IRCON INTERNATIONAL over the last five years.

Historical PB (Price/Book ) ratio chart of IRCON INTERNATIONAL


PB Ratio Performance Analysis for IRCON INTERNATIONAL

- IRCON INTERNATIONAL 's latest p/b ratio is 3.95x.

- IRCON INTERNATIONAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.91x.

- IRCON INTERNATIONAL 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/b ratio peaked in Mar2023 at 1.01x.

- IRCON INTERNATIONAL 's p/b ratio hit its five-year low in Mar2022 of 0.8x.


How does IRCON INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
IRCON INTERNATIONAL 5,211.493.9520,587.5
LARSEN & TOUBRO LTD88,858.905.84518,814.0
RAIL VIKAS NIGAM LTD7,325.107.2052,740.6
GMR AIRPORTS INFRASTRUCTURE LTD-792.78-62.1449,265.4
IRB INFRASTRUCTURE DEVELOPERS LTD13,378.902.6435,334.2
KEC INTERNATIONAL LTD3,771.424.7317,840.7
KALPATARU PROJECTS INTERNATIONAL LTD4,720.623.6717,315.1
NCC LTD6,166.832.3714,591.2
GR INFRAPROJECTS LTD6,265.132.0212,648.4
STERLING AND WILSON RENEWABLE ENERGY LTD-232.13-52.6312,216.3
PNC INFRATECH LTD4,285.042.6111,189.0

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs IRCON INTERNATIONAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -62.14x
Max industry PB 7.20x
Median industry PB 2.64x
Average industry PB -7.25x



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