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MACROTECH DEVELOPERS
PB (Price/Book ) Ratio

The Current P/B Ratio of MACROTECH DEVELOPERS is 7.31.

Share Price ₹1,251.5Apr 24,2024
Market Cap ₹124,474.2 Cr
Book Value₹17,028.0 CrMar2024 - Consolidated Results
Price/Book 7.31xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MACROTECH DEVELOPERS

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 MACROTECH DEVELOPERS is calculated as :

Current Market Cap [ ₹124,474.2 Cr] as on Apr 24,2024

(/) Book Value [ ₹17,028.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.31x ]

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

Thus, for MACROTECH DEVELOPERS , the investors are currently willing to pay '7.31 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 MACROTECH DEVELOPERS !

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

Historical PB (Price/Book ) ratio chart of MACROTECH DEVELOPERS


PB Ratio Performance Analysis for MACROTECH DEVELOPERS

- MACROTECH DEVELOPERS 's latest p/b ratio is 7.31x.

- MACROTECH DEVELOPERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.67x.

- MACROTECH DEVELOPERS '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, MACROTECH DEVELOPERS 's p/b ratio peaked in Mar2022 at 4.66x.

- MACROTECH DEVELOPERS 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does MACROTECH DEVELOPERS 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
MACROTECH DEVELOPERS 17,028.007.31124,474.2
DLF LTD37,687.505.87221,231.0
GODREJ PROPERTIES LTD9,256.957.6670,915.9
OBEROI REALTY LTD12,210.104.3553,118.6
THE PHOENIX MILLS LTD8,355.486.8156,935.3
PRESTIGE ESTATES PROJECTS LTD9,975.305.2752,532.9
BRIGADE ENTERPRISES LTD3,237.707.2623,493.6
NBCC (INDIA) LTD1,944.5012.2823,886.0
SIGNATUREGLOBAL (INDIA) LTD47.54358.1917,027.8
SOBHA LTD2,494.676.5516,348.1
VALOR ESTATE LTD1,878.916.2311,713.0

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs MACROTECH DEVELOPERS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.35x
Max industry PB 358.19x
Median industry PB 6.81x
Average industry PB 38.89x



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