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PICCADILY AGRO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of PICCADILY AGRO INDUSTRIES is 17.53.

Share Price ₹430.3Apr 16,2024
Market Cap ₹4,057.3 Cr
Book Value₹231.5 CrMar2023 - Consolidated Results
Price/Book 17.53xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PICCADILY AGRO 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 PICCADILY AGRO INDUSTRIES is calculated as :

Current Market Cap [ ₹4,057.3 Cr] as on Apr 16,2024

(/) Book Value [ ₹231.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 17.53x ]

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

Thus, for PICCADILY AGRO INDUSTRIES , the investors are currently willing to pay '17.53 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 PICCADILY AGRO INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of PICCADILY AGRO INDUSTRIES


PB Ratio Performance Analysis for PICCADILY AGRO INDUSTRIES

- PICCADILY AGRO INDUSTRIES 's latest p/b ratio is 17.53x.

- PICCADILY AGRO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.95x.

- PICCADILY AGRO INDUSTRIES 's operated at median p/b ratio of 0.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PICCADILY AGRO INDUSTRIES 's p/b ratio peaked in Mar2023 at 1.85x.

- PICCADILY AGRO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.31x.


How does PICCADILY AGRO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Book ValuePB RatioMarket Cap
PICCADILY AGRO INDUSTRIES 231.5117.534,057.3
EID PARRY (INDIA) LTD6,072.671.7810,814.4
SHREE RENUKA SUGARS LTD-881.22-10.369,129.1
BALRAMPUR CHINI MILLS LTD2,895.582.607,528.3
TRIVENI ENGINEERING & INDUSTRIES LTD2,665.252.697,158.0
BAJAJ HINDUSTHAN SUGAR LTD4,424.400.893,945.8
BANNARI AMMAN SUGARS LTD1,551.892.133,300.1
DALMIA BHARAT SUGAR AND INDUSTRIES LTD2,704.951.092,945.8
DCM SHRIRAM INDUSTRIES LTD716.672.321,659.8
DWARIKESH SUGAR INDUSTRIES LTD739.791.841,359.2
DHAMPUR SUGAR MILLS LTD1,042.561.401,462.1

Sugar Industry Benchmark (Top 10) PB Analysis vs PICCADILY AGRO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -10.36x
Max industry PB 17.53x
Median industry PB 1.84x
Average industry PB 2.17x



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