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SHREE DIGVIJAY CEMENT COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of SHREE DIGVIJAY CEMENT COMPANY is 5.10.

Share Price ₹112.3Apr 25,2024
Market Cap ₹1,655.0 Cr
Book Value₹324.3 CrMar2023 - Consolidated Results
Price/Book 5.10xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHREE DIGVIJAY CEMENT COMPANY

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 DIGVIJAY CEMENT COMPANY is calculated as :

Current Market Cap [ ₹1,655.0 Cr] as on Apr 25,2024

(/) Book Value [ ₹324.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.10x ]

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

Thus, for SHREE DIGVIJAY CEMENT COMPANY , the investors are currently willing to pay '5.10 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 DIGVIJAY CEMENT COMPANY !

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

Historical PB (Price/Book ) ratio chart of SHREE DIGVIJAY CEMENT COMPANY


PB Ratio Performance Analysis for SHREE DIGVIJAY CEMENT COMPANY

- SHREE DIGVIJAY CEMENT COMPANY 's latest p/b ratio is 5.10x.

- SHREE DIGVIJAY CEMENT COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 2.94x.

- SHREE DIGVIJAY CEMENT COMPANY 's operated at median p/b ratio of 2.84x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SHREE DIGVIJAY CEMENT COMPANY 's p/b ratio peaked in Mar2022 at 3.2x.

- SHREE DIGVIJAY CEMENT COMPANY 's p/b ratio hit its five-year low in Mar2023 of 2.77x.


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

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
SHREE DIGVIJAY CEMENT COMPANY 324.265.101,655.0
ULTRATECH CEMENT LTD54,244.405.15279,563.0
AMBUJA CEMENTS LTD26,698.206.40170,782.0
SHREE CEMENT LTD18,636.404.6486,398.2
ACC LTD16,329.702.9748,443.5
DALMIA BHARAT LTD16,397.002.0633,837.3
JK CEMENT LTD4,686.756.6431,133.3
THE RAMCO CEMENTS LTD6,861.062.7218,656.5
NUVOCO VISTAS CORPORATION LTD8,839.001.3812,214.7
JK LAKSHMI CEMENT LTD2,803.863.359,406.0
STAR CEMENT LTD2,416.383.849,286.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.38x
Max industry PB 6.64x
Median industry PB 3.84x
Average industry PB 4.02x



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