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RHI MAGNESITA INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of RHI MAGNESITA INDIA is 4.58.

Share Price ₹641.6Apr 19,2024
Market Cap ₹13,248.0 Cr
Book Value₹2,891.0 CrMar2023 - Consolidated Results
Price/Book 4.58xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RHI MAGNESITA 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 RHI MAGNESITA INDIA is calculated as :

Current Market Cap [ ₹13,248.0 Cr] as on Apr 19,2024

(/) Book Value [ ₹2,891.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.58x ]

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

Thus, for RHI MAGNESITA INDIA , the investors are currently willing to pay '4.58 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 RHI MAGNESITA INDIA !

The chart below summarizes the trend in P/B Ratio of RHI MAGNESITA INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of RHI MAGNESITA INDIA


PB Ratio Performance Analysis for RHI MAGNESITA INDIA

- RHI MAGNESITA INDIA 's latest p/b ratio is 4.58x.

- RHI MAGNESITA INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.33x.

- RHI MAGNESITA INDIA 's operated at median p/b ratio of 4.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RHI MAGNESITA INDIA 's p/b ratio peaked in Mar2022 at 9.59x.

- RHI MAGNESITA INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.99x.


How does RHI MAGNESITA INDIA 's P/B Ratio benchmark against top 10 peers in Refractories Industry?

Peer Comparison (Refractories Industry)Book ValuePB RatioMarket Cap
RHI MAGNESITA INDIA 2,891.034.5813,248.0
VESUVIUS INDIA LTD1,193.546.117,294.7
IFGL REFRACTORIES LTD1,005.052.262,268.5
MORGANITE CRUCIBLE (INDIA) LTD126.956.09772.9
ORIENT CERATECH LTD260.302.25585.9
ASSOCIATED CERAMICS LTD30.332.4474.0
NILACHAL REFRACTORIES LTD0.58182.37104.9

Refractories Industry Benchmark (Top 10) PB Analysis vs RHI MAGNESITA INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.25x
Max industry PB 182.37x
Median industry PB 4.58x
Average industry PB 29.44x



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