JYOTI STRUCTURES
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The Current P/B Ratio of JYOTI STRUCTURES is 73.58.
| Share Price | ₹22.4 | Apr 19,2024 |
| Market Cap | ₹1,865.5 Cr | |
| Book Value | ₹25.4 Cr | Mar2023 - Consolidated Results |
| Price/Book | 73.58x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of JYOTI STRUCTURES
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
Current Market Cap [ ₹1,865.5 Cr] as on Apr 19,2024
(/) Book Value [ ₹25.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 73.58x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for JYOTI STRUCTURES , the investors are currently willing to pay '73.58 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 JYOTI STRUCTURES !
The chart below summarizes the trend in P/B Ratio of JYOTI STRUCTURES over the last five years.
Thus, for JYOTI STRUCTURES , the investors are currently willing to pay '73.58 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 JYOTI STRUCTURES !
The chart below summarizes the trend in P/B Ratio of JYOTI STRUCTURES over the last five years.
Historical PB (Price/Book ) ratio chart of JYOTI STRUCTURES
PB Ratio Performance Analysis for JYOTI STRUCTURES
- JYOTI STRUCTURES 's latest p/b ratio is 73.58x.
- JYOTI STRUCTURES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -23.11x.
- JYOTI STRUCTURES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JYOTI STRUCTURES 's p/b ratio peaked in Mar2022 at 11.32x.
- JYOTI STRUCTURES 's p/b ratio hit its five-year low in Mar2023 of -126.85x.
- JYOTI STRUCTURES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -23.11x.
- JYOTI STRUCTURES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JYOTI STRUCTURES 's p/b ratio peaked in Mar2022 at 11.32x.
- JYOTI STRUCTURES 's p/b ratio hit its five-year low in Mar2023 of -126.85x.
How does JYOTI STRUCTURES 's P/B Ratio benchmark against top 10 peers in Transmission Towers / Equipments Industry?
No other companies found in this Industry
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