NBI INDUSTRIAL FINANCE COMPANY
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The Current P/B Ratio of NBI INDUSTRIAL FINANCE COMPANY is 0.19.
Share Price | ₹1,789.7 | Mar 28,2024 |
Market Cap | ₹447.4 Cr | |
Book Value | ₹2,357.7 Cr | Mar2023 - Standalone Results |
Price/Book | 0.19x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NBI INDUSTRIAL FINANCE COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹447.4 Cr] as on Mar 28,2024
(/) Book Value [ ₹2,357.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 0.19x ]
Thus, for NBI INDUSTRIAL FINANCE COMPANY , the investors are currently willing to pay '0.19 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 NBI INDUSTRIAL FINANCE COMPANY !
The chart below summarizes the trend in P/B Ratio of NBI INDUSTRIAL FINANCE COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of NBI INDUSTRIAL FINANCE COMPANY
PB Ratio Performance Analysis for NBI INDUSTRIAL FINANCE COMPANY
- NBI INDUSTRIAL FINANCE COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.19x.
- NBI INDUSTRIAL FINANCE COMPANY 's operated at median p/b ratio of 0.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NBI INDUSTRIAL FINANCE COMPANY 's p/b ratio peaked in Mar2022 at 0.26x.
- NBI INDUSTRIAL FINANCE COMPANY 's p/b ratio hit its five-year low in Mar2023 of 0.15x.
How does NBI INDUSTRIAL FINANCE COMPANY 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NBI INDUSTRIAL FINANCE COMPANY | 2,357.70 | 0.19 | 447.4 |
BAJAJ FINANCE LTD | 53,816.50 | 8.34 | 448,880.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 44,182.80 | 2.09 | 92,260.6 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 14,262.70 | 6.81 | 97,150.8 |
SHRIRAM FINANCE LTD | 43,313.00 | 2.05 | 88,694.6 |
SBI CARDS AND PAYMENT SERVICES LTD | 9,789.93 | 6.63 | 64,898.9 |
MUTHOOT FINANCE LTD | 21,663.70 | 2.74 | 59,342.1 |
ADITYA BIRLA CAPITAL LTD | 20,076.60 | 2.27 | 45,591.4 |
SUNDARAM FINANCE LTD | 9,906.75 | 4.63 | 45,900.9 |
L&T FINANCE HOLDINGS LTD | 21,387.30 | 1.84 | 39,362.6 |
POONAWALLA FINCORP LTD | 6,742.68 | 5.35 | 36,055.3 |
Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs NBI INDUSTRIAL FINANCE COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.19x |
Max industry PB | 8.34x |
Median industry PB | 2.74x |
Average industry PB | 3.90x |
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