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

The Current P/B Ratio of PONNI SUGARS (ERODE) is 0.76.

Share Price ₹399.7Mar 18,2024
Market Cap ₹343.7 Cr
Book Value₹452.9 CrMar2023 - Standalone Results
Price/Book 0.76xCalculated as MarketCap/Book Value
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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 [ ₹343.7 Cr] as on Mar 18,2024

(/) Book Value [ ₹452.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 0.76x ]

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 '0.76 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 0.76x.

- 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) 452.890.76343.7
SHREE RENUKA SUGARS LTD-881.22-10.178,960.9
EID PARRY (INDIA) LTD6,072.671.6510,014.7
BALRAMPUR CHINI MILLS LTD2,895.582.527,289.2
TRIVENI ENGINEERING & INDUSTRIES LTD2,665.252.667,083.5
BANNARI AMMAN SUGARS LTD1,551.891.922,975.8
DALMIA BHARAT SUGAR AND INDUSTRIES LTD2,359.081.242,916.2
BAJAJ HINDUSTHAN SUGAR LTD4,424.400.863,809.1
DWARIKESH SUGAR INDUSTRIES LTD739.792.051,513.4
DHAMPUR SUGAR MILLS LTD1,042.561.371,431.0
THE UGAR SUGAR WORKS LTD220.833.60795.3

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

Top 10 Industry PeersPB Ratio
Min industry PB -10.17x
Max industry PB 3.60x
Median industry PB 1.65x
Average industry PB 0.77x



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