OMAX AUTOS
|
The Current P/B Ratio of OMAX AUTOS is 0.90.
| Share Price | ₹119.9 | Apr 25,2024 |
| Market Cap | ₹256.6 Cr | |
| Book Value | ₹285.9 Cr | Mar2023 - Standalone Results |
| Price/Book | 0.90x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of OMAX AUTOS
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
Current Market Cap [ ₹256.6 Cr] as on Apr 25,2024
(/) Book Value [ ₹285.9 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 0.90x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for OMAX AUTOS , the investors are currently willing to pay '0.90 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 OMAX AUTOS !
The chart below summarizes the trend in P/B Ratio of OMAX AUTOS over the last five years.
Thus, for OMAX AUTOS , the investors are currently willing to pay '0.90 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 OMAX AUTOS !
The chart below summarizes the trend in P/B Ratio of OMAX AUTOS over the last five years.
Historical PB (Price/Book ) ratio chart of OMAX AUTOS
PB Ratio Performance Analysis for OMAX AUTOS
- OMAX AUTOS 's latest p/b ratio is 0.90x.
- OMAX AUTOS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.37x.
- OMAX AUTOS 's operated at median p/b ratio of 0.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OMAX AUTOS 's p/b ratio peaked in Mar2019 at 0.79x.
- OMAX AUTOS 's p/b ratio hit its five-year low in Mar2020 of 0.15x.
- OMAX AUTOS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.37x.
- OMAX AUTOS 's operated at median p/b ratio of 0.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OMAX AUTOS 's p/b ratio peaked in Mar2019 at 0.79x.
- OMAX AUTOS 's p/b ratio hit its five-year low in Mar2020 of 0.15x.
How does OMAX AUTOS 's P/B Ratio benchmark against top 10 peers in Trading Industry?
| Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| OMAX AUTOS | 285.90 | 0.90 | 256.6 |
| ADANI ENTERPRISES LTD | 33,051.00 | 10.75 | 355,270.0 |
| REDINGTON LTD | 6,923.17 | 2.52 | 17,445.3 |
| HONASA CONSUMER LTD | 555.41 | 24.68 | 13,707.4 |
| MMTC LTD | 1,410.63 | 7.94 | 11,203.5 |
| MSTC LTD | 786.50 | 8.31 | 6,532.4 |
| LLOYDS ENTERPRISES LTD | 1,010.97 | 4.69 | 4,743.8 |
| VERITAS (INDIA) LTD | 2,303.70 | 1.74 | 4,016.7 |
| NOVARTIS INDIA LTD | 775.70 | 3.33 | 2,582.4 |
| OPTIEMUS INFRACOM LTD | 382.46 | 6.25 | 2,388.6 |
| MISHTANN FOODS LTD | 150.21 | 13.29 | 1,996.0 |
Trading Industry Benchmark (Top 10) PB Analysis vs OMAX AUTOS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.90x |
| Max industry PB | 24.68x |
| Median industry PB | 6.25x |
| Average industry PB | 7.67x |
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