MAHINDRA & MAHINDRA FINANCIAL SERVICES
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The Current P/B Ratio of MAHINDRA & MAHINDRA FINANCIAL SERVICES is 1.89.
Share Price | ₹283.3 | Apr 19,2024 |
Market Cap | ₹34,995.5 Cr | |
Book Value | ₹18,519.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.89x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MAHINDRA & MAHINDRA FINANCIAL SERVICES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹34,995.5 Cr] as on Apr 19,2024
(/) Book Value [ ₹18,519.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.89x ]
Thus, for MAHINDRA & MAHINDRA FINANCIAL SERVICES , the investors are currently willing to pay '1.89 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 MAHINDRA & MAHINDRA FINANCIAL SERVICES !
The chart below summarizes the trend in P/B Ratio of MAHINDRA & MAHINDRA FINANCIAL SERVICES over the last five years.
Historical PB (Price/Book ) ratio chart of MAHINDRA & MAHINDRA FINANCIAL SERVICES
PB Ratio Performance Analysis for MAHINDRA & MAHINDRA FINANCIAL SERVICES
- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.46x.
- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's operated at median p/b ratio of 1.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/b ratio peaked in Mar2019 at 2.3x.
- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/b ratio hit its five-year low in Mar2020 of 0.76x.
How does MAHINDRA & MAHINDRA FINANCIAL SERVICES 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MAHINDRA & MAHINDRA FINANCIAL SERVICES | 18,519.90 | 1.89 | 34,995.5 |
BAJAJ FINANCE LTD | 53,816.50 | 8.20 | 441,561.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 44,182.80 | 1.97 | 87,150.6 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 14,262.70 | 6.65 | 94,780.7 |
SHRIRAM FINANCE LTD | 43,313.00 | 2.05 | 88,916.3 |
SBI CARDS AND PAYMENT SERVICES LTD | 9,789.93 | 7.11 | 69,615.6 |
MUTHOOT FINANCE LTD | 21,663.70 | 3.06 | 66,345.6 |
ADITYA BIRLA CAPITAL LTD | 20,076.60 | 2.60 | 52,218.8 |
SUNDARAM FINANCE LTD | 9,906.75 | 5.15 | 51,061.1 |
L&T FINANCE HOLDINGS LTD | 21,387.30 | 1.87 | 40,084.4 |
POONAWALLA FINCORP LTD | 6,742.68 | 5.73 | 38,642.3 |
Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs MAHINDRA & MAHINDRA FINANCIAL SERVICES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.87x |
Max industry PB | 8.20x |
Median industry PB | 3.06x |
Average industry PB | 4.21x |
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