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MANGALORE REFINERY AND PETROCHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 4.03.

Share Price ₹227.0Apr 19,2024
Market Cap ₹39,784.0 Cr
Book Value₹9,864.5 CrMar2023 - Consolidated Results
Price/Book 4.03xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MANGALORE REFINERY AND PETROCHEMICALS

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 MANGALORE REFINERY AND PETROCHEMICALS is calculated as :

Current Market Cap [ ₹39,784.0 Cr] as on Apr 19,2024

(/) Book Value [ ₹9,864.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.03x ]

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

Thus, for MANGALORE REFINERY AND PETROCHEMICALS , the investors are currently willing to pay '4.03 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 MANGALORE REFINERY AND PETROCHEMICALS !

The chart below summarizes the trend in P/B Ratio of MANGALORE REFINERY AND PETROCHEMICALS over the last five years.

Historical PB (Price/Book ) ratio chart of MANGALORE REFINERY AND PETROCHEMICALS


PB Ratio Performance Analysis for MANGALORE REFINERY AND PETROCHEMICALS

- MANGALORE REFINERY AND PETROCHEMICALS 's latest p/b ratio is 4.03x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.10x.

- MANGALORE REFINERY AND PETROCHEMICALS 's operated at median p/b ratio of 1.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio peaked in Mar2021 at 1.6x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.64x.


How does MANGALORE REFINERY AND PETROCHEMICALS 's P/B Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Book ValuePB RatioMarket Cap
MANGALORE REFINERY AND PETROCHEMICALS 9,864.534.0339,784.0
RELIANCE INDUSTRIES LTD715,226.002.781,990,320.0
INDIAN OIL CORPORATION LTD139,720.001.68235,330.0
BHARAT PETROLEUM CORPORATION LTD53,522.402.37127,097.0
HINDUSTAN PETROLEUM CORPORATION LTD32,263.302.1067,870.5
CHENNAI PETROLEUM CORPORATION LTD6,475.082.1714,023.7

Refineries Industry Benchmark (Top 10) PB Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.68x
Max industry PB 4.03x
Median industry PB 2.37x
Average industry PB 2.52x



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