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RENAISSANCE GLOBAL
PB (Price/Book ) Ratio

The Current P/B Ratio of RENAISSANCE GLOBAL is 0.94.

Share Price ₹99.7Mar 28,2024
Market Cap ₹958.1 Cr
Book Value₹1,021.5 CrMar2023 - Consolidated Results
Price/Book 0.94xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RENAISSANCE GLOBAL

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 RENAISSANCE GLOBAL is calculated as :

Current Market Cap [ ₹958.1 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,021.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.94x ]

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

Thus, for RENAISSANCE GLOBAL , the investors are currently willing to pay '0.94 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 RENAISSANCE GLOBAL !

The chart below summarizes the trend in P/B Ratio of RENAISSANCE GLOBAL over the last five years.

Historical PB (Price/Book ) ratio chart of RENAISSANCE GLOBAL


PB Ratio Performance Analysis for RENAISSANCE GLOBAL

- RENAISSANCE GLOBAL 's latest p/b ratio is 0.94x.

- RENAISSANCE GLOBAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.64x.

- RENAISSANCE GLOBAL 's operated at median p/b ratio of 0.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RENAISSANCE GLOBAL 's p/b ratio peaked in Mar2019 at 0.86x.

- RENAISSANCE GLOBAL 's p/b ratio hit its five-year low in Mar2022 of 0.35x.


How does RENAISSANCE GLOBAL 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Book ValuePB RatioMarket Cap
RENAISSANCE GLOBAL 1,021.460.94958.1
TITAN COMPANY LTD11,844.0028.52337,780.0
KALYAN JEWELLERS INDIA LTD3,634.7112.1344,086.3
RAJESH EXPORTS LTD14,723.600.537,768.3
SENCO GOLD LTD945.086.345,993.7
THANGAMAYIL JEWELLERY LTD388.799.093,535.8
PC JEWELLER LTD3,673.250.682,497.8
GOLDIAM INTERNATIONAL LTD585.663.111,822.5
DP ABHUSHAN LTD181.0710.281,861.2
ASIAN STAR COMPANY LTD1,435.380.841,203.8
RADHIKA JEWELTECH LTD215.373.54762.6

Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs RENAISSANCE GLOBAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.53x
Max industry PB 28.52x
Median industry PB 3.54x
Average industry PB 6.91x



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