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JK LAKSHMI CEMENT
PB (Price/Book ) Ratio

The Current P/B Ratio of JK LAKSHMI CEMENT is 3.33.

Share Price ₹794.0Apr 26,2024
Market Cap ₹9,345.4 Cr
Book Value₹2,803.9 CrMar2023 - Consolidated Results
Price/Book 3.33xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JK LAKSHMI CEMENT

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 JK LAKSHMI CEMENT is calculated as :

Current Market Cap [ ₹9,345.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹2,803.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.33x ]

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

Thus, for JK LAKSHMI CEMENT , the investors are currently willing to pay '3.33 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 JK LAKSHMI CEMENT !

The chart below summarizes the trend in P/B Ratio of JK LAKSHMI CEMENT over the last five years.

Historical PB (Price/Book ) ratio chart of JK LAKSHMI CEMENT


PB Ratio Performance Analysis for JK LAKSHMI CEMENT

- JK LAKSHMI CEMENT 's latest p/b ratio is 3.33x.

- JK LAKSHMI CEMENT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.42x.

- JK LAKSHMI CEMENT 's operated at median p/b ratio of 2.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JK LAKSHMI CEMENT 's p/b ratio peaked in Mar2023 at 3.32x.

- JK LAKSHMI CEMENT 's p/b ratio hit its five-year low in Mar2020 of 1.37x.


How does JK LAKSHMI CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
JK LAKSHMI CEMENT 2,803.863.339,345.4
ULTRATECH CEMENT LTD54,244.405.16280,042.0
AMBUJA CEMENTS LTD26,698.206.33169,083.0
SHREE CEMENT LTD18,636.404.6787,104.0
ACC LTD16,329.702.9047,405.0
DALMIA BHARAT LTD16,397.002.0633,744.5
JK CEMENT LTD4,686.756.7031,400.3
THE RAMCO CEMENTS LTD6,861.062.7518,840.8
NUVOCO VISTAS CORPORATION LTD8,839.001.3812,209.4
STAR CEMENT LTD2,416.383.809,191.1
PRISM JOHNSON LTD1,206.696.938,363.3

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs JK LAKSHMI CEMENT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.38x
Max industry PB 6.93x
Median industry PB 3.80x
Average industry PB 4.18x



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