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NIRLON
PB (Price/Book ) Ratio

The Current P/B Ratio of NIRLON is 9.71.

Share Price ₹433.1Apr 25,2024
Market Cap ₹3,901.8 Cr
Book Value₹401.8 CrMar2023 - Standalone Results
Price/Book 9.71xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NIRLON

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 NIRLON is calculated as :

Current Market Cap [ ₹3,901.8 Cr] as on Apr 25,2024

(/) Book Value [ ₹401.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 9.71x ]

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

Thus, for NIRLON , the investors are currently willing to pay '9.71 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 NIRLON !

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

Historical PB (Price/Book ) ratio chart of NIRLON


PB Ratio Performance Analysis for NIRLON

- NIRLON 's latest p/b ratio is 9.71x.

- NIRLON 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.09x.

- NIRLON 's operated at median p/b ratio of 5.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NIRLON 's p/b ratio peaked in Mar2023 at 8.43x.

- NIRLON 's p/b ratio hit its five-year low in Mar2021 of 4.29x.


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

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
NIRLON 401.809.713,901.8
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 NIRLON 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -64.80x
Max industry PB 15.94x
Median industry PB 4.40x
Average industry PB -0.38x



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