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SHREE AJIT PULP & PAPER
PB (Price/Book ) Ratio

The Current P/B Ratio of SHREE AJIT PULP & PAPER is 0.90.

Share Price ₹210.5Apr 19,2024
Market Cap ₹187.3 Cr
Book Value₹208.0 CrMar2023 - Consolidated Results
Price/Book 0.90xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHREE AJIT PULP & PAPER

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 SHREE AJIT PULP & PAPER is calculated as :

Current Market Cap [ ₹187.3 Cr] as on Apr 19,2024

(/) Book Value [ ₹208.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.90x ]

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

Thus, for SHREE AJIT PULP & PAPER , the investors are currently willing to pay '0.90 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 SHREE AJIT PULP & PAPER !

The chart below summarizes the trend in P/B Ratio of SHREE AJIT PULP & PAPER over the last five years.

Historical PB (Price/Book ) ratio chart of SHREE AJIT PULP & PAPER


PB Ratio Performance Analysis for SHREE AJIT PULP & PAPER

- SHREE AJIT PULP & PAPER 's latest p/b ratio is 0.90x.

- SHREE AJIT PULP & PAPER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.78x.

- SHREE AJIT PULP & PAPER 's operated at median p/b ratio of 0.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE AJIT PULP & PAPER 's p/b ratio peaked in Mar2022 at 0.97x.

- SHREE AJIT PULP & PAPER 's p/b ratio hit its five-year low in Mar2020 of 0.56x.


How does SHREE AJIT PULP & PAPER 's P/B Ratio benchmark against top 10 peers in Paper & Paper Products Industry?

Peer Comparison (Paper & Paper Products Industry)Book ValuePB RatioMarket Cap
SHREE AJIT PULP & PAPER 207.950.90187.3
JK PAPER LTD4,034.001.475,938.4
WEST COAST PAPER MILLS LTD2,577.981.553,992.3
SESHASAYEE PAPER AND BOARDS LTD1,635.361.211,984.1
ANDHRA PAPER LTD1,582.171.231,947.1
TAMIL NADU NEWSPRINT & PAPERS LTD1,944.110.901,759.0
KUANTUM PAPERS LTD966.811.361,318.1
PAKKA LTD203.375.571,132.4
SATIA INDUSTRIES LTD733.201.651,208.5
ORIENT PAPER & INDUSTRIES LTD1,515.480.61929.2
NR AGARWAL INDUSTRIES LTD635.631.28816.7

Paper & Paper Products Industry Benchmark (Top 10) PB Analysis vs SHREE AJIT PULP & PAPER 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.61x
Max industry PB 5.57x
Median industry PB 1.28x
Average industry PB 1.61x



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