SAMRAT FORGINGS
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The Current P/B Ratio of SAMRAT FORGINGS is 5.30.
Share Price | ₹302.0 | Apr 23,2024 |
Market Cap | ₹151.0 Cr | |
Book Value | ₹28.5 Cr | Mar2023 - Standalone Results |
Price/Book | 5.30x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SAMRAT FORGINGS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹151.0 Cr] as on Apr 23,2024
(/) Book Value [ ₹28.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 5.30x ]
Thus, for SAMRAT FORGINGS , the investors are currently willing to pay '5.30 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 SAMRAT FORGINGS !
The chart below summarizes the trend in P/B Ratio of SAMRAT FORGINGS over the last five years.
Historical PB (Price/Book ) ratio chart of SAMRAT FORGINGS
PB Ratio Performance Analysis for SAMRAT FORGINGS
- SAMRAT FORGINGS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.68x.
- SAMRAT FORGINGS 's operated at median p/b ratio of 2.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAMRAT FORGINGS 's p/b ratio peaked in Mar2023 at 2.94x.
- SAMRAT FORGINGS 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does SAMRAT FORGINGS 's P/B Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SAMRAT FORGINGS | 28.50 | 5.30 | 151.0 |
BHARAT FORGE LTD | 6,701.79 | 8.38 | 56,164.0 |
CIE AUTOMOTIVE INDIA LTD | 4,939.94 | 3.82 | 18,886.6 |
RAMKRISHNA FORGINGS LTD | 1,290.70 | 10.60 | 13,684.6 |
MM FORGINGS LTD | 673.01 | 3.78 | 2,542.8 |
LGB FORGE LTD | 30.17 | 8.13 | 245.4 |
HILTON METAL FORGING LTD | 89.12 | 2.77 | 246.9 |
KALYANI FORGE LTD | 105.48 | 1.49 | 157.3 |
TIRUPATI FORGE LTD | 36.24 | 5.17 | 187.2 |
GANGA FORGING LTD | 13.33 | 8.65 | 115.4 |
Forgings Industry Benchmark (Top 10) PB Analysis vs SAMRAT FORGINGS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.49x |
Max industry PB | 10.60x |
Median industry PB | 5.30x |
Average industry PB | 5.81x |
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