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LANCER CONTAINER LINES
PB (Price/Book ) Ratio

The Current P/B Ratio of LANCER CONTAINER LINES is 8.84.

Share Price ₹68.9Apr 19,2024
Market Cap ₹1,619.6 Cr
Book Value₹183.3 CrMar2023 - Consolidated Results
Price/Book 8.84xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LANCER CONTAINER LINES

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 LANCER CONTAINER LINES is calculated as :

Current Market Cap [ ₹1,619.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹183.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.84x ]

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

Thus, for LANCER CONTAINER LINES , the investors are currently willing to pay '8.84 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 LANCER CONTAINER LINES !

The chart below summarizes the trend in P/B Ratio of LANCER CONTAINER LINES over the last five years.

Historical PB (Price/Book ) ratio chart of LANCER CONTAINER LINES


PB Ratio Performance Analysis for LANCER CONTAINER LINES

- LANCER CONTAINER LINES 's latest p/b ratio is 8.84x.

- LANCER CONTAINER LINES 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 3.41x.

- LANCER CONTAINER LINES 's operated at median p/b ratio of 4.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, LANCER CONTAINER LINES 's p/b ratio peaked in Mar2022 at 6.68x.

- LANCER CONTAINER LINES 's p/b ratio hit its five-year low in Mar2020 of 0.79x.


How does LANCER CONTAINER LINES 's P/B Ratio benchmark against top 10 peers in Logistics Industry?

Peer Comparison (Logistics Industry)Book ValuePB RatioMarket Cap
LANCER CONTAINER LINES 183.308.841,619.6
CONTAINER CORPORATION OF INDIA LTD11,226.005.0156,256.1
AEGIS LOGISTICS LTD3,532.344.9117,356.9
ALLCARGO LOGISTICS LTD2,797.712.496,976.8
TVS SUPPLY CHAIN SOLUTIONS LTD668.7111.877,939.2
TRANSPORT CORPORATION OF INDIA LTD1,691.753.936,647.1
GATEWAY DISTRIPARKS LTD1,776.602.895,128.8
VRL LOGISTICS LTD975.844.994,871.6
MAHINDRA LOGISTICS LTD554.715.903,274.0
NAVKAR CORPORATION LTD1,976.520.821,623.5
ALLCARGO TERMINALS LTD205.766.981,436.1

Logistics Industry Benchmark (Top 10) PB Analysis vs LANCER CONTAINER LINES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.82x
Max industry PB 11.87x
Median industry PB 4.99x
Average industry PB 5.33x



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