RADICO KHAITAN
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The Current P/B Ratio of RADICO KHAITAN is 10.45.
Share Price | ₹1,721.8 | Apr 23,2024 |
Market Cap | ₹23,019.8 Cr | |
Book Value | ₹2,203.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 10.45x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RADICO KHAITAN
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,019.8 Cr] as on Apr 23,2024
(/) Book Value [ ₹2,203.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 10.45x ]
Thus, for RADICO KHAITAN , the investors are currently willing to pay '10.45 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 RADICO KHAITAN !
The chart below summarizes the trend in P/B Ratio of RADICO KHAITAN over the last five years.
Historical PB (Price/Book ) ratio chart of RADICO KHAITAN
PB Ratio Performance Analysis for RADICO KHAITAN
- RADICO KHAITAN 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.71x.
- RADICO KHAITAN 's operated at median p/b ratio of 4.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RADICO KHAITAN 's p/b ratio peaked in Mar2023 at 7.25x.
- RADICO KHAITAN 's p/b ratio hit its five-year low in Mar2020 of 2.31x.
How does RADICO KHAITAN 's P/B Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RADICO KHAITAN | 2,203.80 | 10.45 | 23,019.8 |
UNITED SPIRITS LTD | 5,998.80 | 14.19 | 85,114.6 |
UNITED BREWERIES LTD | 3,964.89 | 12.40 | 49,171.4 |
SULA VINEYARDS LTD | 531.47 | 8.92 | 4,738.2 |
TILAKNAGAR INDUSTRIES LTD | 468.00 | 9.53 | 4,460.7 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 375.37 | 6.73 | 2,527.1 |
GLOBUS SPIRITS LTD | 885.80 | 2.58 | 2,288.1 |
GM BREWERIES LTD | 822.32 | 1.71 | 1,403.2 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 363.40 | 2.71 | 985.8 |
JAGATJIT INDUSTRIES LTD | 61.70 | 13.48 | 832.0 |
Breweries & Distilleries Industry Benchmark (Top 10) PB Analysis vs RADICO KHAITAN 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.71x |
Max industry PB | 14.19x |
Median industry PB | 9.53x |
Average industry PB | 8.27x |
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