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MMTC
PB (Price/Book ) Ratio

The Current P/B Ratio of MMTC is 7.54.

Share Price ₹71.0Apr 19,2024
Market Cap ₹10,642.5 Cr
Book Value₹1,410.6 CrMar2023 - Consolidated Results
Price/Book 7.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MMTC

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 MMTC is calculated as :

Current Market Cap [ ₹10,642.5 Cr] as on Apr 19,2024

(/) Book Value [ ₹1,410.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.54x ]

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

Thus, for MMTC , the investors are currently willing to pay '7.54 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 MMTC !

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

Historical PB (Price/Book ) ratio chart of MMTC


PB Ratio Performance Analysis for MMTC

- MMTC 's latest p/b ratio is 7.54x.

- MMTC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.55x.

- MMTC 's operated at median p/b ratio of 2.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MMTC 's p/b ratio peaked in Mar2021 at 63.77x.

- MMTC 's p/b ratio hit its five-year low in Mar2022 of -44.38x.


How does MMTC 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
MMTC 1,410.637.5410,642.5
ADANI ENTERPRISES LTD33,051.0010.44344,930.0
REDINGTON LTD6,923.172.4717,116.9
HONASA CONSUMER LTD555.4122.5212,507.7
MSTC LTD786.507.625,993.5
LLOYDS ENTERPRISES LTD1,010.973.984,025.0
VERITAS (INDIA) LTD2,303.701.613,711.0
NOVARTIS INDIA LTD775.703.222,496.1
OPTIEMUS INFRACOM LTD382.466.102,334.5
MISHTANN FOODS LTD150.2113.572,038.5
SIRCA PAINTS INDIA LTD265.506.621,757.7

Trading Industry Benchmark (Top 10) PB Analysis vs MMTC 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.61x
Max industry PB 22.52x
Median industry PB 6.62x
Average industry PB 7.79x



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