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SHIVA CEMENT
PB (Price/Book ) Ratio

The Current P/B Ratio of SHIVA CEMENT is -11.61.

Share Price ₹46.7Mar 28,2024
Market Cap ₹909.7 Cr
Book Value₹-78.3 CrMar2023 - Standalone Results
Price/Book -11.61xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHIVA CEMENT

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 SHIVA CEMENT is calculated as :

Current Market Cap [ ₹909.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹-78.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ -11.61x ]

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

Thus, for SHIVA CEMENT , the investors are currently willing to pay '-11.61 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 SHIVA CEMENT !

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

Historical PB (Price/Book ) ratio chart of SHIVA CEMENT


PB Ratio Performance Analysis for SHIVA CEMENT

- SHIVA CEMENT 's latest p/b ratio is -11.61x.

- SHIVA CEMENT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -4.35x.

- SHIVA CEMENT 's operated at median p/b ratio of -11.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHIVA CEMENT 's p/b ratio peaked in Mar2020 at 22.66x.

- SHIVA CEMENT 's p/b ratio hit its five-year low in Mar2021 of -26.37x.


How does SHIVA CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
SHIVA CEMENT -78.33-11.61909.7
ULTRATECH CEMENT LTD54,244.405.19281,332.0
AMBUJA CEMENTS LTD26,698.205.04134,564.0
SHREE CEMENT LTD18,636.404.9892,741.0
ACC LTD14,138.503.3146,772.2
DALMIA BHARAT LTD15,616.002.3336,425.5
JK CEMENT LTD4,686.756.7231,501.1
THE RAMCO CEMENTS LTD6,861.062.7919,157.4
NUVOCO VISTAS CORPORATION LTD8,839.001.2410,946.8
JK LAKSHMI CEMENT LTD2,803.863.6610,267.9
STAR CEMENT LTD2,416.383.789,144.6

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs SHIVA CEMENT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -11.61x
Max industry PB 6.72x
Median industry PB 3.66x
Average industry PB 2.49x



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