KINGFA SCIENCE & TECHNOLOGY (INDIA)
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The Current P/B Ratio of KINGFA SCIENCE & TECHNOLOGY (INDIA) is 4.65.
Share Price | ₹1,789.6 | Apr 18,2024 |
Market Cap | ₹2,165.4 Cr | |
Book Value | ₹466.0 Cr | Mar2023 - Standalone Results |
Price/Book | 4.65x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of KINGFA SCIENCE & TECHNOLOGY (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,165.4 Cr] as on Apr 18,2024
(/) Book Value [ ₹466.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.65x ]
Thus, for KINGFA SCIENCE & TECHNOLOGY (INDIA) , the investors are currently willing to pay '4.65 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 KINGFA SCIENCE & TECHNOLOGY (INDIA) !
The chart below summarizes the trend in P/B Ratio of KINGFA SCIENCE & TECHNOLOGY (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of KINGFA SCIENCE & TECHNOLOGY (INDIA)
PB Ratio Performance Analysis for KINGFA SCIENCE & TECHNOLOGY (INDIA)
- KINGFA SCIENCE & TECHNOLOGY (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.64x.
- KINGFA SCIENCE & TECHNOLOGY (INDIA) 's operated at median p/b ratio of 2.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KINGFA SCIENCE & TECHNOLOGY (INDIA) 's p/b ratio peaked in Mar2022 at 3.99x.
- KINGFA SCIENCE & TECHNOLOGY (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.28x.
How does KINGFA SCIENCE & TECHNOLOGY (INDIA) 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
KINGFA SCIENCE & TECHNOLOGY (INDIA) | 465.99 | 4.65 | 2,165.4 |
ASTRAL LTD | 2,709.20 | 19.70 | 53,370.8 |
SUPREME INDUSTRIES LTD | 4,402.12 | 12.12 | 53,375.4 |
FINOLEX INDUSTRIES LTD | 4,903.07 | 3.21 | 15,732.2 |
RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.64 | 7,670.3 |
PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 4.92 | 6,712.7 |
EPL LTD | 1,956.60 | 2.89 | 5,652.8 |
JAI CORP LTD | 1,431.82 | 3.71 | 5,306.2 |
TIME TECHNOPLAST LTD | 2,265.81 | 2.61 | 5,907.0 |
GARWARE HITECH FILMS LTD | 1,855.82 | 2.14 | 3,970.7 |
JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.73 | 3,729.1 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs KINGFA SCIENCE & TECHNOLOGY (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.73x |
Max industry PB | 19.70x |
Median industry PB | 3.71x |
Average industry PB | 5.85x |
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