OK PLAY INDIA
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The Current P/B Ratio of OK PLAY INDIA is 3.85.
Share Price | ₹15.0 | Apr 19,2024 |
Market Cap | ₹434.6 Cr | |
Book Value | ₹113.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.85x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of OK PLAY INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
OK PLAY INDIA | 113.02 | 3.85 | 434.6 |
ASTRAL LTD | 2,709.20 | 19.28 | 52,222.4 |
SUPREME INDUSTRIES LTD | 4,402.12 | 11.74 | 51,672.0 |
FINOLEX INDUSTRIES LTD | 4,903.07 | 3.19 | 15,636.0 |
RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.58 | 7,605.0 |
PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 4.97 | 6,774.6 |
EPL LTD | 1,956.60 | 2.89 | 5,648.0 |
JAI CORP LTD | 1,431.82 | 3.67 | 5,253.6 |
TIME TECHNOPLAST LTD | 2,265.81 | 2.65 | 6,000.0 |
GARWARE HITECH FILMS LTD | 1,855.82 | 2.12 | 3,926.6 |
JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.74 | 3,795.2 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs OK PLAY INDIA 's P/B Ratio
Top 10 Industry Peers | PB 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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