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KINGFA SCIENCE & TECHNOLOGY (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of KINGFA SCIENCE & TECHNOLOGY (INDIA) is 4.65.

Share Price ₹1,789.6Apr 18,2024
Market Cap ₹2,165.4 Cr
Book Value₹466.0 CrMar2023 - Standalone Results
Price/Book 4.65xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KINGFA SCIENCE & TECHNOLOGY (INDIA)

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 KINGFA SCIENCE & TECHNOLOGY (INDIA) is calculated as :

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 ]

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

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 latest p/b ratio is 4.65x.

- 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 ValuePB RatioMarket Cap
KINGFA SCIENCE & TECHNOLOGY (INDIA) 465.994.652,165.4
ASTRAL LTD2,709.2019.7053,370.8
SUPREME INDUSTRIES LTD4,402.1212.1253,375.4
FINOLEX INDUSTRIES LTD4,903.073.2115,732.2
RESPONSIVE INDUSTRIES LTD1,003.387.647,670.3
PRINCE PIPES AND FITTINGS LTD1,363.964.926,712.7
EPL LTD1,956.602.895,652.8
JAI CORP LTD1,431.823.715,306.2
TIME TECHNOPLAST LTD2,265.812.615,907.0
GARWARE HITECH FILMS LTD1,855.822.143,970.7
JAIN IRRIGATION SYSTEMS LTD5,135.800.733,729.1

Plastic Products Industry Benchmark (Top 10) PB Analysis vs KINGFA SCIENCE & TECHNOLOGY (INDIA) 's P/B Ratio

Top 10 Industry PeersPB 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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