SHRADHA AI TECHNOLOGIES
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The Current P/B Ratio of SHRADHA AI TECHNOLOGIES is 3.21.
Share Price | ₹54.5 | May 18,2024 |
Market Cap | ₹133.0 Cr | |
Book Value | ₹41.4 Cr | Mar2023 - Standalone Results |
Price/Book | 3.21x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SHRADHA AI TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹133.0 Cr] as on May 18,2024
(/) Book Value [ ₹41.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 3.21x ]
Thus, for SHRADHA AI TECHNOLOGIES , the investors are currently willing to pay '3.21 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 SHRADHA AI TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of SHRADHA AI TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of SHRADHA AI TECHNOLOGIES
PB Ratio Performance Analysis for SHRADHA AI TECHNOLOGIES
- SHRADHA AI TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.00x.
- SHRADHA AI TECHNOLOGIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHRADHA AI TECHNOLOGIES 's p/b ratio peaked in Mar2023 at 0x.
- SHRADHA AI TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does SHRADHA AI TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHRADHA AI TECHNOLOGIES | 41.42 | 3.21 | 133.0 |
ADANI ENTERPRISES LTD | 39,076.10 | 8.93 | 348,892.0 |
REDINGTON LTD | 7,548.72 | 2.19 | 16,503.3 |
HONASA CONSUMER LTD | 555.41 | 23.72 | 13,175.7 |
MMTC LTD | 1,410.63 | 8.01 | 11,302.5 |
MSTC LTD | 786.50 | 8.64 | 6,797.8 |
LLOYDS ENTERPRISES LTD | 2,032.07 | 2.08 | 4,232.4 |
VERITAS (INDIA) LTD | 2,303.70 | 1.63 | 3,754.7 |
NOVARTIS INDIA LTD | 744.82 | 3.71 | 2,762.5 |
OPTIEMUS INFRACOM LTD | 382.46 | 6.33 | 2,419.9 |
MISHTANN FOODS LTD | 218.68 | 9.11 | 1,992.8 |
Trading Industry Benchmark (Top 10) PB Analysis vs SHRADHA AI TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.63x |
Max industry PB | 23.72x |
Median industry PB | 6.33x |
Average industry PB | 7.05x |
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