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MARICO
PB (Price/Book ) Ratio

The Current P/B Ratio of MARICO is 17.40.

Share Price ₹505.1Apr 19,2024
Market Cap ₹65,358.5 Cr
Book Value₹3,756.0 CrMar2023 - Consolidated Results
Price/Book 17.40xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MARICO

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 MARICO is calculated as :

Current Market Cap [ ₹65,358.5 Cr] as on Apr 19,2024

(/) Book Value [ ₹3,756.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 17.40x ]

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

Thus, for MARICO , the investors are currently willing to pay '17.40 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 MARICO !

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

Historical PB (Price/Book ) ratio chart of MARICO


PB Ratio Performance Analysis for MARICO

- MARICO 's latest p/b ratio is 17.40x.

- MARICO 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.89x.

- MARICO 's operated at median p/b ratio of 16.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MARICO 's p/b ratio peaked in Mar2022 at 19.56x.

- MARICO 's p/b ratio hit its five-year low in Mar2020 of 11.83x.


How does MARICO 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Book ValuePB RatioMarket Cap
MARICO 3,756.0017.4065,358.5
NESTLE INDIA LTD3,092.7575.98234,975.0
VARUN BEVERAGES LTD6,927.6526.18181,345.0
BRITANNIA INDUSTRIES LTD3,534.2731.81112,440.0
JUBILANT FOODWORKS LTD2,025.4814.1928,746.2
HATSUN AGRO PRODUCT LTD1,440.6815.4422,248.1
DEVYANI INTERNATIONAL LTD953.8420.2919,354.0
BIKAJI FOODS INTERNATIONAL LTD942.4513.8413,039.9
SAPPHIRE FOODS INDIA LTD1,233.767.639,415.2
GODREJ AGROVET LTD2,331.744.5110,505.3
ZYDUS WELLNESS LTD5,122.652.0310,385.4

Consumer Food Industry Benchmark (Top 10) PB Analysis vs MARICO 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.03x
Max industry PB 75.98x
Median industry PB 15.44x
Average industry PB 20.84x



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