Home > PB Ratio > PONNI SUGARS (ERODE)

PONNI SUGARS (ERODE)
PB (Price/Book ) Ratio

The Current P/B Ratio of PONNI SUGARS (ERODE) is 0.69.

Share Price ₹444.1Apr 26,2024
Market Cap ₹381.9 Cr
Book Value₹551.9 CrMar2024 - Standalone Results
Price/Book 0.69xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for PONNI SUGARS (ERODE)
Please provide your vote to see the results
PONNI SUGARS (ERODE) is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of PONNI SUGARS (ERODE)

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 PONNI SUGARS (ERODE) is calculated as :

Current Market Cap [ ₹381.9 Cr] as on Apr 26,2024

(/) Book Value [ ₹551.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 0.69x ]

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

Thus, for PONNI SUGARS (ERODE) , the investors are currently willing to pay '0.69 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 PONNI SUGARS (ERODE) !

The chart below summarizes the trend in P/B Ratio of PONNI SUGARS (ERODE) over the last five years.

Historical PB (Price/Book ) ratio chart of PONNI SUGARS (ERODE)


PB Ratio Performance Analysis for PONNI SUGARS (ERODE)

- PONNI SUGARS (ERODE) 's latest p/b ratio is 0.69x.

- PONNI SUGARS (ERODE) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.51x.

- PONNI SUGARS (ERODE) 's operated at median p/b ratio of 0.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PONNI SUGARS (ERODE) 's p/b ratio peaked in Mar2023 at 0.75x.

- PONNI SUGARS (ERODE) 's p/b ratio hit its five-year low in Mar2021 of 0.39x.


How does PONNI SUGARS (ERODE) 's P/B Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Book ValuePB RatioMarket Cap
PONNI SUGARS (ERODE) 551.920.69381.9
EID PARRY (INDIA) LTD6,072.671.8311,133.9
SHREE RENUKA SUGARS LTD-881.22-10.859,563.3
BALRAMPUR CHINI MILLS LTD2,895.582.727,880.3
TRIVENI ENGINEERING & INDUSTRIES LTD2,665.252.997,975.6
BAJAJ HINDUSTHAN SUGAR LTD4,424.400.984,348.1
BANNARI AMMAN SUGARS LTD1,551.892.123,287.2
DALMIA BHARAT SUGAR AND INDUSTRIES LTD2,704.951.183,190.6
PICCADILY AGRO INDUSTRIES LTD339.7116.815,709.9
DCM SHRIRAM INDUSTRIES LTD716.672.321,661.1
DWARIKESH SUGAR INDUSTRIES LTD739.791.841,363.5

Sugar Industry Benchmark (Top 10) PB Analysis vs PONNI SUGARS (ERODE) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -10.85x
Max industry PB 16.81x
Median industry PB 1.84x
Average industry PB 2.06x



You may also like the below Video Courses