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MAAN ALUMINIUM
PB (Price/Book ) Ratio

The Current P/B Ratio of MAAN ALUMINIUM is 6.31.

Share Price ₹152.0Apr 24,2024
Market Cap ₹822.0 Cr
Book Value₹130.3 CrMar2023 - Standalone Results
Price/Book 6.31xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MAAN ALUMINIUM

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 MAAN ALUMINIUM is calculated as :

Current Market Cap [ ₹822.0 Cr] as on Apr 24,2024

(/) Book Value [ ₹130.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.31x ]

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

Thus, for MAAN ALUMINIUM , the investors are currently willing to pay '6.31 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 MAAN ALUMINIUM !

The chart below summarizes the trend in P/B Ratio of MAAN ALUMINIUM over the last five years.

Historical PB (Price/Book ) ratio chart of MAAN ALUMINIUM


PB Ratio Performance Analysis for MAAN ALUMINIUM

- MAAN ALUMINIUM 's latest p/b ratio is 6.31x.

- MAAN ALUMINIUM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.49x.

- MAAN ALUMINIUM 's operated at median p/b ratio of 1.62x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAAN ALUMINIUM 's p/b ratio peaked in Mar2022 at 2.16x.

- MAAN ALUMINIUM 's p/b ratio hit its five-year low in Mar2020 of 0.39x.


How does MAAN ALUMINIUM 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Book ValuePB RatioMarket Cap
MAAN ALUMINIUM 130.286.31822.0
NATIONAL ALUMINIUM COMPANY LTD13,126.402.6334,510.3
HARDWYN INDIA LTD372.562.891,075.3
ARFIN INDIA LTD88.099.96877.4
MMP INDUSTRIES LTD257.142.95758.5
PG FOILS LTD278.430.78216.7
MANAKSIA ALUMINIUM COMPANY LTD125.121.39173.7
CENTURY EXTRUSIONS LTD65.152.35152.9

Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs MAAN ALUMINIUM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.78x
Max industry PB 9.96x
Median industry PB 2.89x
Average industry PB 3.66x



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