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NIRAJ CEMENT STRUCTURALS
PB (Price/Book ) Ratio

The Current P/B Ratio of NIRAJ CEMENT STRUCTURALS is 1.00.

Share Price ₹44.0Apr 25,2024
Market Cap ₹177.0 Cr
Book Value₹176.5 CrMar2023 - Consolidated Results
Price/Book 1.00xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NIRAJ CEMENT STRUCTURALS

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 NIRAJ CEMENT STRUCTURALS is calculated as :

Current Market Cap [ ₹177.0 Cr] as on Apr 25,2024

(/) Book Value [ ₹176.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.00x ]

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

Thus, for NIRAJ CEMENT STRUCTURALS , the investors are currently willing to pay '1.00 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 NIRAJ CEMENT STRUCTURALS !

The chart below summarizes the trend in P/B Ratio of NIRAJ CEMENT STRUCTURALS over the last five years.

Historical PB (Price/Book ) ratio chart of NIRAJ CEMENT STRUCTURALS


PB Ratio Performance Analysis for NIRAJ CEMENT STRUCTURALS

- NIRAJ CEMENT STRUCTURALS 's latest p/b ratio is 1.00x.

- NIRAJ CEMENT STRUCTURALS 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.75x.

- NIRAJ CEMENT STRUCTURALS 's operated at median p/b ratio of 0.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, NIRAJ CEMENT STRUCTURALS 's p/b ratio peaked in Mar2021 at 0.98x.

- NIRAJ CEMENT STRUCTURALS 's p/b ratio hit its five-year low in Mar2023 of 0.6x.


How does NIRAJ CEMENT STRUCTURALS 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
NIRAJ CEMENT STRUCTURALS 176.531.00177.0
LARSEN & TOUBRO LTD88,858.905.65501,843.0
RAIL VIKAS NIGAM LTD7,325.108.1759,850.5
GMR AIRPORTS INFRASTRUCTURE LTD-792.78-64.8051,371.9
IRB INFRASTRUCTURE DEVELOPERS LTD13,378.903.0640,950.5
IRCON INTERNATIONAL LTD5,211.494.4022,911.0
KEC INTERNATIONAL LTD3,771.425.0018,853.6
KALPATARU PROJECTS INTERNATIONAL LTD4,720.624.0719,220.6
NCC LTD6,166.832.5115,492.1
GR INFRAPROJECTS LTD6,265.132.0813,044.3
STERLING AND WILSON RENEWABLE ENERGY LTD969.1715.9415,452.5

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs NIRAJ CEMENT STRUCTURALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -64.80x
Max industry PB 15.94x
Median industry PB 4.07x
Average industry PB -1.17x



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