MUKAND
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The Current P/B Ratio of MUKAND is 3.08.
Share Price | ₹181.9 | Apr 25,2024 |
Market Cap | ₹2,628.5 Cr | |
Book Value | ₹853.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.08x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MUKAND
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,628.5 Cr] as on Apr 25,2024
(/) Book Value [ ₹853.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.08x ]
Thus, for MUKAND , the investors are currently willing to pay '3.08 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 MUKAND !
The chart below summarizes the trend in P/B Ratio of MUKAND over the last five years.
Historical PB (Price/Book ) ratio chart of MUKAND
PB Ratio Performance Analysis for MUKAND
- MUKAND 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.82x.
- MUKAND 's operated at median p/b ratio of 2.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MUKAND 's p/b ratio peaked in Mar2022 at 3.06x.
- MUKAND 's p/b ratio hit its five-year low in Mar2020 of 0.29x.
How does MUKAND 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MUKAND | 853.78 | 3.08 | 2,628.5 |
JSW STEEL LTD | 65,287.00 | 3.39 | 221,436.0 |
TATA STEEL LTD | 103,082.00 | 2.03 | 209,223.0 |
JINDAL STAINLESS LTD | 11,931.20 | 5.03 | 60,024.3 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.24 | 68,112.4 |
APL APOLLO TUBES LTD | 3,003.79 | 14.31 | 42,991.3 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 23.30 | 31,000.8 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 8.06 | 20,995.0 |
SHYAM METALICS AND ENERGY LTD | 7,162.45 | 2.51 | 17,971.9 |
WELSPUN CORP LTD | 4,718.86 | 3.20 | 15,086.4 |
JINDAL SAW LTD | 7,922.76 | 2.21 | 17,506.5 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs MUKAND 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.24x |
Max industry PB | 23.30x |
Median industry PB | 3.20x |
Average industry PB | 6.22x |
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