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OK PLAY INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of OK PLAY INDIA is 3.85.

Share Price ₹15.0Apr 19,2024
Market Cap ₹434.6 Cr
Book Value₹113.0 CrMar2024 - Consolidated Results
Price/Book 3.85xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of OK PLAY INDIA

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 OK PLAY INDIA is calculated as :

Current Market Cap [ ₹434.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹113.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.85x ]

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

Thus, for OK PLAY INDIA , the investors are currently willing to pay '3.85 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 OK PLAY INDIA !

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

Historical PB (Price/Book ) ratio chart of OK PLAY INDIA


PB Ratio Performance Analysis for OK PLAY INDIA

- OK PLAY INDIA 's latest p/b ratio is 3.85x.

- OK PLAY INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.84x.

- OK PLAY INDIA 's operated at median p/b ratio of 1.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OK PLAY INDIA 's p/b ratio peaked in Mar2023 at 4.26x.

- OK PLAY INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.69x.


How does OK PLAY INDIA 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
OK PLAY INDIA 113.023.85434.6
ASTRAL LTD2,709.2019.2852,222.4
SUPREME INDUSTRIES LTD4,402.1211.7451,672.0
FINOLEX INDUSTRIES LTD4,903.073.1915,636.0
RESPONSIVE INDUSTRIES LTD1,003.387.587,605.0
PRINCE PIPES AND FITTINGS LTD1,363.964.976,774.6
EPL LTD1,956.602.895,648.0
JAI CORP LTD1,431.823.675,253.6
TIME TECHNOPLAST LTD2,265.812.656,000.0
GARWARE HITECH FILMS LTD1,855.822.123,926.6
JAIN IRRIGATION SYSTEMS LTD5,135.800.743,795.2

Plastic Products Industry Benchmark (Top 10) PB Analysis vs OK PLAY INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.74x
Max industry PB 19.28x
Median industry PB 3.67x
Average industry PB 5.70x



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