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NEELAMALAI AGRO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of NEELAMALAI AGRO INDUSTRIES is 0.92.

Share Price ₹3,766.0Apr 26,2024
Market Cap ₹226.0 Cr
Book Value₹245.7 CrMar2023 - Consolidated Results
Price/Book 0.92xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NEELAMALAI AGRO 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 NEELAMALAI AGRO INDUSTRIES is calculated as :

Current Market Cap [ ₹226.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹245.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.92x ]

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

Thus, for NEELAMALAI AGRO INDUSTRIES , the investors are currently willing to pay '0.92 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 NEELAMALAI AGRO INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of NEELAMALAI AGRO INDUSTRIES


PB Ratio Performance Analysis for NEELAMALAI AGRO INDUSTRIES

- NEELAMALAI AGRO INDUSTRIES 's latest p/b ratio is 0.92x.

- NEELAMALAI AGRO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.66x.

- NEELAMALAI AGRO INDUSTRIES 's operated at median p/b ratio of 0.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NEELAMALAI AGRO INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.07x.

- NEELAMALAI AGRO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.32x.


How does NEELAMALAI AGRO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Tea/Coffee Industry?

Peer Comparison (Tea/Coffee Industry)Book ValuePB RatioMarket Cap
NEELAMALAI AGRO INDUSTRIES 245.710.92226.0
TATA CONSUMER PRODUCTS LTD16,056.806.54105,088.0
CCL PRODUCTS (INDIA) LTD1,471.475.277,758.0
ANDREW YULE & COMPANY LTD384.945.562,138.7
GOODRICKE GROUP LTD310.891.20371.6
JAY SHREE TEA & INDUSTRIES LTD221.431.33293.7
MCLEOD RUSSEL INDIA LTD569.340.46264.2
DHUNSERI TEA & INDUSTRIES LTD697.090.31212.7
THE UNITED NILGIRI TEA ESTATES COMPANY LTD187.110.93174.0
B&A LTD122.061.40171.1
THE PERIA KARAMALAI TEA AND PRODUCE COMPANY LTD181.810.5498.1

Tea/Coffee Industry Benchmark (Top 10) PB Analysis vs NEELAMALAI AGRO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.31x
Max industry PB 6.54x
Median industry PB 1.20x
Average industry PB 2.22x



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