MMTC
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The Current P/B Ratio of MMTC is 7.54.
Share Price | ₹71.0 | Apr 19,2024 |
Market Cap | ₹10,642.5 Cr | |
Book Value | ₹1,410.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 7.54x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MMTC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MMTC | 1,410.63 | 7.54 | 10,642.5 |
ADANI ENTERPRISES LTD | 33,051.00 | 10.44 | 344,930.0 |
REDINGTON LTD | 6,923.17 | 2.47 | 17,116.9 |
HONASA CONSUMER LTD | 555.41 | 22.52 | 12,507.7 |
MSTC LTD | 786.50 | 7.62 | 5,993.5 |
LLOYDS ENTERPRISES LTD | 1,010.97 | 3.98 | 4,025.0 |
VERITAS (INDIA) LTD | 2,303.70 | 1.61 | 3,711.0 |
NOVARTIS INDIA LTD | 775.70 | 3.22 | 2,496.1 |
OPTIEMUS INFRACOM LTD | 382.46 | 6.10 | 2,334.5 |
MISHTANN FOODS LTD | 150.21 | 13.57 | 2,038.5 |
SIRCA PAINTS INDIA LTD | 265.50 | 6.62 | 1,757.7 |
Trading Industry Benchmark (Top 10) PB Analysis vs MMTC 's P/B Ratio
Top 10 Industry Peers | PB 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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