LARSEN & TOUBRO
|
The Current P/B Ratio of LARSEN & TOUBRO is 5.84.
Share Price | ₹3,774.1 | Mar 28,2024 |
Market Cap | ₹518,825.5 Cr | |
Book Value | ₹88,858.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.84x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LARSEN & TOUBRO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹518,825.5 Cr] as on Mar 28,2024
(/) Book Value [ ₹88,858.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.84x ]
Thus, for LARSEN & TOUBRO , the investors are currently willing to pay '5.84 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 LARSEN & TOUBRO !
The chart below summarizes the trend in P/B Ratio of LARSEN & TOUBRO over the last five years.
Historical PB (Price/Book ) ratio chart of LARSEN & TOUBRO
PB Ratio Performance Analysis for LARSEN & TOUBRO
- LARSEN & TOUBRO 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.79x.
- LARSEN & TOUBRO 's operated at median p/b ratio of 3.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LARSEN & TOUBRO 's p/b ratio peaked in Mar2023 at 3.42x.
- LARSEN & TOUBRO 's p/b ratio hit its five-year low in Mar2020 of 1.71x.
How does LARSEN & TOUBRO 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LARSEN & TOUBRO | 88,858.90 | 5.84 | 518,825.5 |
RAIL VIKAS NIGAM LTD | 7,325.10 | 7.20 | 52,740.6 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -62.14 | 49,265.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,378.90 | 2.64 | 35,334.2 |
IRCON INTERNATIONAL LTD | 5,211.49 | 3.95 | 20,587.9 |
KEC INTERNATIONAL LTD | 3,771.42 | 4.73 | 17,840.7 |
KALPATARU PROJECTS INTERNATIONAL LTD | 4,720.62 | 3.67 | 17,315.1 |
NCC LTD | 6,166.83 | 2.37 | 14,591.2 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.02 | 12,648.4 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -232.13 | -52.63 | 12,216.3 |
PNC INFRATECH LTD | 4,285.04 | 2.61 | 11,189.0 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs LARSEN & TOUBRO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -62.14x |
Max industry PB | 7.20x |
Median industry PB | 2.64x |
Average industry PB | -7.25x |
You may also like the below Video Courses