LANDMARK CARS
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The Current P/B Ratio of LANDMARK CARS is 6.98.
| Share Price | ₹783.6 | May 03,2024 |
| Market Cap | ₹3,236.1 Cr | |
| Book Value | ₹463.4 Cr | Mar2023 - Consolidated Results |
| Price/Book | 6.98x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of LANDMARK CARS
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 [ ₹3,236.1 Cr] as on May 03,2024
(/) Book Value [ ₹463.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 6.98x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for LANDMARK CARS , the investors are currently willing to pay '6.98 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 LANDMARK CARS !
The chart below summarizes the trend in P/B Ratio of LANDMARK CARS over the last five years.
Thus, for LANDMARK CARS , the investors are currently willing to pay '6.98 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 LANDMARK CARS !
The chart below summarizes the trend in P/B Ratio of LANDMARK CARS over the last five years.
Historical PB (Price/Book ) ratio chart of LANDMARK CARS
PB Ratio Performance Analysis for LANDMARK CARS
- LANDMARK CARS 's latest p/b ratio is 6.98x.
- LANDMARK CARS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.
- LANDMARK CARS '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, LANDMARK CARS 's p/b ratio peaked in Mar2023 at 4.65x.
- LANDMARK CARS 's p/b ratio hit its five-year low in Mar2022 of 0x.
- LANDMARK CARS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.
- LANDMARK CARS '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, LANDMARK CARS 's p/b ratio peaked in Mar2023 at 4.65x.
- LANDMARK CARS 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does LANDMARK CARS 's P/B Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?
| Peer Comparison (Automobiles - Dealers & Distributors Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| LANDMARK CARS | 463.37 | 6.98 | 3,236.1 |
| CARTRADE TECH LTD | 1,812.73 | 1.95 | 3,538.7 |
| COMPETENT AUTOMOBILES COMPANY LTD | 310.48 | 1.21 | 375.3 |
Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PB Analysis vs LANDMARK CARS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.21x |
| Max industry PB | 6.98x |
| Median industry PB | 1.95x |
| Average industry PB | 3.38x |
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