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KAJARIA CERAMICS
PB (Price/Book ) Ratio

The Current P/B Ratio of KAJARIA CERAMICS is 8.43.

Share Price ₹1,226.1Apr 18,2024
Market Cap ₹19,531.0 Cr
Book Value₹2,317.9 CrMar2023 - Consolidated Results
Price/Book 8.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KAJARIA CERAMICS

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 KAJARIA CERAMICS is calculated as :

Current Market Cap [ ₹19,531.0 Cr] as on Apr 18,2024

(/) Book Value [ ₹2,317.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.43x ]

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

Thus, for KAJARIA CERAMICS , the investors are currently willing to pay '8.43 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 KAJARIA CERAMICS !

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

Historical PB (Price/Book ) ratio chart of KAJARIA CERAMICS


PB Ratio Performance Analysis for KAJARIA CERAMICS

- KAJARIA CERAMICS 's latest p/b ratio is 8.43x.

- KAJARIA CERAMICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.45x.

- KAJARIA CERAMICS 's operated at median p/b ratio of 7.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KAJARIA CERAMICS 's p/b ratio peaked in Mar2021 at 7.88x.

- KAJARIA CERAMICS 's p/b ratio hit its five-year low in Mar2020 of 3.5x.


How does KAJARIA CERAMICS 's P/B Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?

Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry)Book ValuePB RatioMarket Cap
KAJARIA CERAMICS 2,317.908.4319,531.0
CERA SANITARYWARE LTD1,172.647.859,210.5
SOMANY CERAMICS LTD784.383.162,479.5
POKARNA LTD507.152.821,431.9
GLOBAL SURFACES LTD261.333.56930.7
ASIAN GRANITO INDIA LTD1,256.050.62775.8
ORIENT BELL LTD304.771.73527.5
NITCO LTD-349.27-1.22426.9
EXXARO TILES LTD274.061.58434.2
MURUDESHWAR CERAMICS LTD350.020.85297.0
ASI INDUSTRIES LTD307.060.77237.8

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PB Analysis vs KAJARIA CERAMICS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.22x
Max industry PB 8.43x
Median industry PB 1.73x
Average industry PB 2.74x



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