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MMP INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of MMP INDUSTRIES is 2.96.

Share Price ₹299.3Apr 26,2024
Market Cap ₹760.1 Cr
Book Value₹257.1 CrMar2023 - Consolidated Results
Price/Book 2.96xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MMP INDUSTRIES

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 MMP INDUSTRIES is calculated as :

Current Market Cap [ ₹760.1 Cr] as on Apr 26,2024

(/) Book Value [ ₹257.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.96x ]

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

Thus, for MMP INDUSTRIES , the investors are currently willing to pay '2.96 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 MMP INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of MMP INDUSTRIES


PB Ratio Performance Analysis for MMP INDUSTRIES

- MMP INDUSTRIES 's latest p/b ratio is 2.96x.

- MMP INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.37x.

- MMP INDUSTRIES 's operated at median p/b ratio of 1.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MMP INDUSTRIES 's p/b ratio peaked in Mar2022 at 2.11x.

- MMP INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.78x.


How does MMP INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Book ValuePB RatioMarket Cap
MMP INDUSTRIES 257.142.96760.1
NATIONAL ALUMINIUM COMPANY LTD13,126.402.6434,694.0
HARDWYN INDIA LTD372.562.911,082.9
ARFIN INDIA LTD88.099.75859.0
MAAN ALUMINIUM LTD130.286.31821.8
PG FOILS LTD278.430.82229.5
MANAKSIA ALUMINIUM COMPANY LTD125.121.44180.6
CENTURY EXTRUSIONS LTD65.152.37154.4

Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs MMP INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.82x
Max industry PB 9.75x
Median industry PB 2.91x
Average industry PB 3.65x



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