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RADHE DEVELOPERS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of RADHE DEVELOPERS (INDIA) is 3.10.

Share Price ₹3.4Apr 19,2024
Market Cap ₹171.2 Cr
Book Value₹55.2 CrMar2023 - Standalone Results
Price/Book 3.10xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RADHE DEVELOPERS (INDIA)

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 RADHE DEVELOPERS (INDIA) is calculated as :

Current Market Cap [ ₹171.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹55.2 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.10x ]

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

Thus, for RADHE DEVELOPERS (INDIA) , the investors are currently willing to pay '3.10 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 RADHE DEVELOPERS (INDIA) !

The chart below summarizes the trend in P/B Ratio of RADHE DEVELOPERS (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of RADHE DEVELOPERS (INDIA)


PB Ratio Performance Analysis for RADHE DEVELOPERS (INDIA)

- RADHE DEVELOPERS (INDIA) 's latest p/b ratio is 3.10x.

- RADHE DEVELOPERS (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.20x.

- RADHE DEVELOPERS (INDIA) 's operated at median p/b ratio of 0.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RADHE DEVELOPERS (INDIA) 's p/b ratio peaked in Mar2022 at 7.9x.

- RADHE DEVELOPERS (INDIA) 's p/b ratio hit its five-year low in Mar2023 of 0.65x.


How does RADHE DEVELOPERS (INDIA) 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
RADHE DEVELOPERS (INDIA) 55.163.10171.2
DLF LTD37,687.505.62211,850.0
MACROTECH DEVELOPERS LTD12,557.309.29116,645.0
GODREJ PROPERTIES LTD9,256.957.5169,515.9
OBEROI REALTY LTD12,210.104.1650,735.2
THE PHOENIX MILLS LTD8,355.486.6755,769.2
PRESTIGE ESTATES PROJECTS LTD9,975.304.9549,334.0
BRIGADE ENTERPRISES LTD3,237.707.2523,457.8
NBCC (INDIA) LTD1,944.5011.4822,320.0
SIGNATUREGLOBAL (INDIA) LTD47.54369.0617,544.9
SOBHA LTD2,494.676.0014,977.6

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs RADHE DEVELOPERS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.10x
Max industry PB 369.06x
Median industry PB 6.67x
Average industry PB 39.55x



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