NIRMAN AGRI GENETICS
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The Current P/B Ratio of NIRMAN AGRI GENETICS is 4.70.
Share Price | ₹211.0 | May 18,2024 |
Market Cap | ₹126.6 Cr | |
Book Value | ₹27.0 Cr | Mar2023 - Standalone Results |
Price/Book | 4.70x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NIRMAN AGRI GENETICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹126.6 Cr] as on May 18,2024
(/) Book Value [ ₹27.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.70x ]
Thus, for NIRMAN AGRI GENETICS , the investors are currently willing to pay '4.70 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 NIRMAN AGRI GENETICS !
The chart below summarizes the trend in P/B Ratio of NIRMAN AGRI GENETICS over the last five years.
Historical PB (Price/Book ) ratio chart of NIRMAN AGRI GENETICS
PB Ratio Performance Analysis for NIRMAN AGRI GENETICS
- NIRMAN AGRI GENETICS 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.67x.
- NIRMAN AGRI GENETICS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, NIRMAN AGRI GENETICS 's p/b ratio peaked in Mar2023 at 2.02x.
- NIRMAN AGRI GENETICS 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does NIRMAN AGRI GENETICS 's P/B Ratio benchmark against top 10 peers in Agriculture Industry?
Peer Comparison (Agriculture Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NIRMAN AGRI GENETICS | 26.96 | 4.70 | 126.6 |
BOMBAY BURMAH TRADING CORPORATION LTD | 6,651.31 | 1.63 | 10,840.8 |
KAVERI SEED COMPANY LTD | 1,365.06 | 3.20 | 4,371.0 |
VENKYS (INDIA) LTD | 1,370.24 | 1.85 | 2,537.5 |
BOMBAY SUPER HYBRID SEEDS LTD | 78.28 | 28.55 | 2,235.2 |
TIERRA AGROTECH LTD | 15.09 | 23.11 | 348.8 |
INDO US BIOTECH LTD | 62.75 | 6.71 | 421.1 |
NATH BIOGENES (INDIA) LTD | 609.92 | 0.61 | 372.2 |
MANGALAM SEEDS LTD | 56.63 | 5.92 | 335.4 |
SHREE OSWAL SEEDS AND CHEMICALS LTD | 44.37 | 5.95 | 263.9 |
HARRISONS MALAYALAM LTD | 156.17 | 2.25 | 351.8 |
Agriculture Industry Benchmark (Top 10) PB Analysis vs NIRMAN AGRI GENETICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.61x |
Max industry PB | 28.55x |
Median industry PB | 4.70x |
Average industry PB | 7.68x |
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