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NTC INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of NTC INDUSTRIES is 1.44.

Share Price ₹107.9Mar 28,2024
Market Cap ₹128.3 Cr
Book Value₹88.8 CrMar2023 - Consolidated Results
Price/Book 1.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NTC 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 NTC INDUSTRIES is calculated as :

Current Market Cap [ ₹128.3 Cr] as on Mar 28,2024

(/) Book Value [ ₹88.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.44x ]

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

Thus, for NTC INDUSTRIES , the investors are currently willing to pay '1.44 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 NTC INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of NTC INDUSTRIES


PB Ratio Performance Analysis for NTC INDUSTRIES

- NTC INDUSTRIES 's latest p/b ratio is 1.44x.

- NTC INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.90x.

- NTC INDUSTRIES 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NTC INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.33x.

- NTC INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.4x.


How does NTC INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Cigarettes/Tobacco Industry?

Peer Comparison (Cigarettes/Tobacco Industry)Book ValuePB RatioMarket Cap
NTC INDUSTRIES 88.841.44128.3
ITC LTD68,413.807.82535,033.0
GODFREY PHILLIPS INDIA LTD3,547.934.5316,055.2
VST INDUSTRIES LTD1,177.274.685,515.1
THE INDIAN WOOD PRODUCTS COMPANY LTD352.780.51180.1

Cigarettes/Tobacco Industry Benchmark (Top 10) PB Analysis vs NTC INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.51x
Max industry PB 7.82x
Median industry PB 4.53x
Average industry PB 3.80x



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