SEJAL GLASS
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The Current P/B Ratio of SEJAL GLASS is 27.58.
Share Price | ₹382.3 | Apr 19,2024 |
Market Cap | ₹386.1 Cr | |
Book Value | ₹14.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 27.58x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SEJAL GLASS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹386.1 Cr] as on Apr 19,2024
(/) Book Value [ ₹14.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 27.58x ]
Thus, for SEJAL GLASS , the investors are currently willing to pay '27.58 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 SEJAL GLASS !
The chart below summarizes the trend in P/B Ratio of SEJAL GLASS over the last five years.
Historical PB (Price/Book ) ratio chart of SEJAL GLASS
PB Ratio Performance Analysis for SEJAL GLASS
- SEJAL GLASS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -120.17x.
- SEJAL GLASS 's operated at median p/b ratio of -0.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SEJAL GLASS 's p/b ratio peaked in Mar2019 at 0x.
- SEJAL GLASS 's p/b ratio hit its five-year low in Mar2023 of -567.95x.
How does SEJAL GLASS 's P/B Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SEJAL GLASS | 14.00 | 27.58 | 386.1 |
ASAHI INDIA GLASS LTD | 2,074.53 | 6.75 | 13,997.1 |
BOROSIL RENEWABLES LTD | 918.05 | 7.32 | 6,723.4 |
LA OPALA RG LTD | 774.95 | 4.61 | 3,573.7 |
HALDYN GLASS LTD | 176.91 | 4.96 | 877.8 |
EMPIRE INDUSTRIES LTD | 283.41 | 2.26 | 640.5 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | -997.63 | -0.20 | 197.3 |
Glass Industry Benchmark (Top 10) PB Analysis vs SEJAL GLASS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.20x |
Max industry PB | 27.58x |
Median industry PB | 4.96x |
Average industry PB | 7.61x |
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