MILKFOOD
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The Current P/B Ratio of MILKFOOD is 2.51.
Share Price | ₹536.6 | May 02,2024 |
Market Cap | ₹327.3 Cr | |
Book Value | ₹130.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.51x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MILKFOOD
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹327.3 Cr] as on May 02,2024
(/) Book Value [ ₹130.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.51x ]
Thus, for MILKFOOD , the investors are currently willing to pay '2.51 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 MILKFOOD !
The chart below summarizes the trend in P/B Ratio of MILKFOOD over the last five years.
Historical PB (Price/Book ) ratio chart of MILKFOOD
PB Ratio Performance Analysis for MILKFOOD
- MILKFOOD 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.
- MILKFOOD 's operated at median p/b ratio of 1.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MILKFOOD 's p/b ratio peaked in Mar2023 at 2.28x.
- MILKFOOD 's p/b ratio hit its five-year low in Mar2021 of 1.33x.
How does MILKFOOD 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MILKFOOD | 130.51 | 2.51 | 327.3 |
NESTLE INDIA LTD | 3,340.89 | 72.47 | 242,129.0 |
VARUN BEVERAGES LTD | 6,927.65 | 28.43 | 196,964.0 |
BRITANNIA INDUSTRIES LTD | 3,534.27 | 32.44 | 114,659.0 |
MARICO LTD | 3,756.00 | 17.84 | 66,995.6 |
JUBILANT FOODWORKS LTD | 2,025.48 | 14.91 | 30,197.8 |
HATSUN AGRO PRODUCT LTD | 1,572.25 | 15.46 | 24,310.8 |
DEVYANI INTERNATIONAL LTD | 953.84 | 20.89 | 19,924.7 |
BIKAJI FOODS INTERNATIONAL LTD | 942.45 | 14.12 | 13,302.8 |
SAPPHIRE FOODS INDIA LTD | 1,233.76 | 7.27 | 8,966.6 |
GODREJ AGROVET LTD | 2,331.74 | 4.65 | 10,843.6 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs MILKFOOD 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.51x |
Max industry PB | 72.47x |
Median industry PB | 15.46x |
Average industry PB | 21.00x |
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