NILE
|
The Current P/B Ratio of NILE is 2.09.
Share Price | ₹1,392.9 | Apr 24,2024 |
Market Cap | ₹417.9 Cr | |
Book Value | ₹199.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.09x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NILE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹417.9 Cr] as on Apr 24,2024
(/) Book Value [ ₹199.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.09x ]
Thus, for NILE , the investors are currently willing to pay '2.09 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 NILE !
The chart below summarizes the trend in P/B Ratio of NILE over the last five years.
Historical PB (Price/Book ) ratio chart of NILE
PB Ratio Performance Analysis for NILE
- NILE 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.65x.
- NILE 's operated at median p/b ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, NILE 's p/b ratio peaked in Mar2022 at 0.94x.
- NILE 's p/b ratio hit its five-year low in Mar2020 of 0.36x.
How does NILE 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NILE | 199.62 | 2.09 | 417.9 |
HINDUSTAN ZINC LTD | 15,195.00 | 11.39 | 173,090.0 |
HINDALCO INDUSTRIES LTD | 95,004.00 | 1.51 | 142,990.0 |
VEDANTA LTD | 39,255.00 | 3.63 | 142,462.0 |
HINDUSTAN COPPER LTD | 2,082.17 | 17.63 | 36,703.4 |
GRAVITA INDIA LTD | 588.93 | 11.35 | 6,687.0 |
SHIVALIK BIMETAL CONTROLS LTD | 265.50 | 12.60 | 3,345.1 |
BHARAT WIRE ROPES LTD | 560.15 | 3.66 | 2,052.2 |
RAM RATNA WIRES LTD | 311.65 | 4.79 | 1,492.0 |
RAJNANDINI METAL LTD | 41.43 | 7.21 | 298.6 |
SHERA ENERGY LTD | 89.14 | 5.24 | 467.4 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs NILE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.51x |
Max industry PB | 17.63x |
Median industry PB | 5.24x |
Average industry PB | 7.37x |
You may also like the below Video Courses