POKARNA
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The Current P/B Ratio of POKARNA is 2.86.
Share Price | ₹467.5 | Apr 19,2024 |
Market Cap | ₹1,449.1 Cr | |
Book Value | ₹507.2 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.86x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of POKARNA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,449.1 Cr] as on Apr 19,2024
(/) Book Value [ ₹507.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.86x ]
Thus, for POKARNA , the investors are currently willing to pay '2.86 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 POKARNA !
The chart below summarizes the trend in P/B Ratio of POKARNA over the last five years.
Historical PB (Price/Book ) ratio chart of POKARNA
PB Ratio Performance Analysis for POKARNA
- POKARNA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.27x.
- POKARNA 's operated at median p/b ratio of 1.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POKARNA 's p/b ratio peaked in Mar2022 at 5.21x.
- POKARNA 's p/b ratio hit its five-year low in Mar2020 of 0.45x.
How does POKARNA 's P/B Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
POKARNA | 507.15 | 2.86 | 1,449.1 |
KAJARIA CERAMICS LTD | 2,317.90 | 8.21 | 19,025.8 |
CERA SANITARYWARE LTD | 1,172.64 | 7.88 | 9,236.0 |
SOMANY CERAMICS LTD | 784.38 | 3.13 | 2,457.1 |
GLOBAL SURFACES LTD | 261.33 | 3.50 | 913.5 |
ASIAN GRANITO INDIA LTD | 1,256.05 | 0.61 | 768.8 |
ORIENT BELL LTD | 304.77 | 1.72 | 525.2 |
NITCO LTD | -349.27 | -1.25 | 435.4 |
EXXARO TILES LTD | 274.06 | 1.58 | 432.7 |
MURUDESHWAR CERAMICS LTD | 350.02 | 0.88 | 306.8 |
ASI INDUSTRIES LTD | 307.06 | 0.76 | 233.1 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PB Analysis vs POKARNA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -1.25x |
Max industry PB | 8.21x |
Median industry PB | 1.72x |
Average industry PB | 2.72x |
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