PICCADILY SUGAR & ALLIED INDUSTRIES
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The Current P/B Ratio of PICCADILY SUGAR & ALLIED INDUSTRIES is 12.99.
Share Price | ₹68.0 | May 18,2024 |
Market Cap | ₹158.4 Cr | |
Book Value | ₹12.2 Cr | Mar2024 - Standalone Results |
Price/Book | 12.99x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PICCADILY SUGAR & ALLIED INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹158.4 Cr] as on May 18,2024
(/) Book Value [ ₹12.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 12.99x ]
Thus, for PICCADILY SUGAR & ALLIED INDUSTRIES , the investors are currently willing to pay '12.99 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 SUGAR & ALLIED INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of PICCADILY SUGAR & ALLIED INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of PICCADILY SUGAR & ALLIED INDUSTRIES
PB Ratio Performance Analysis for PICCADILY SUGAR & ALLIED INDUSTRIES
- PICCADILY SUGAR & ALLIED INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.45x.
- PICCADILY SUGAR & ALLIED 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, PICCADILY SUGAR & ALLIED INDUSTRIES 's p/b ratio peaked in Mar2023 at 2.78x.
- PICCADILY SUGAR & ALLIED INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does PICCADILY SUGAR & ALLIED INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PICCADILY SUGAR & ALLIED INDUSTRIES | 12.20 | 12.99 | 158.4 |
EID PARRY (INDIA) LTD | 6,072.67 | 1.86 | 11,289.2 |
SHREE RENUKA SUGARS LTD | -881.22 | -10.35 | 9,116.3 |
BALRAMPUR CHINI MILLS LTD | 3,400.96 | 2.26 | 7,676.6 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,665.25 | 3.00 | 8,001.8 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,478.43 | 0.95 | 4,276.6 |
BANNARI AMMAN SUGARS LTD | 1,551.89 | 2.02 | 3,134.9 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 1.06 | 3,104.4 |
PICCADILY AGRO INDUSTRIES LTD | 339.71 | 22.75 | 7,727.3 |
DCM SHRIRAM INDUSTRIES LTD | 716.67 | 2.69 | 1,928.6 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.61 | 1,326.0 |
Sugar Industry Benchmark (Top 10) PB Analysis vs PICCADILY SUGAR & ALLIED INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -10.35x |
Max industry PB | 22.75x |
Median industry PB | 2.02x |
Average industry PB | 3.71x |
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