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SHREE RAMA MULTITECH
PB (Price/Book ) Ratio

The Current P/B Ratio of SHREE RAMA MULTITECH is 10.76.

Share Price ₹24.0Apr 26,2024
Market Cap ₹319.9 Cr
Book Value₹29.7 CrMar2023 - Standalone Results
Price/Book 10.76xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHREE RAMA MULTITECH

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 RAMA MULTITECH is calculated as :

Current Market Cap [ ₹319.9 Cr] as on Apr 26,2024

(/) Book Value [ ₹29.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 10.76x ]

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

Thus, for SHREE RAMA MULTITECH , the investors are currently willing to pay '10.76 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 RAMA MULTITECH !

The chart below summarizes the trend in P/B Ratio of SHREE RAMA MULTITECH over the last five years.

Historical PB (Price/Book ) ratio chart of SHREE RAMA MULTITECH


PB Ratio Performance Analysis for SHREE RAMA MULTITECH

- SHREE RAMA MULTITECH 's latest p/b ratio is 10.76x.

- SHREE RAMA MULTITECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.92x.

- SHREE RAMA MULTITECH 's operated at median p/b ratio of 2.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE RAMA MULTITECH 's p/b ratio peaked in Mar2019 at 11.2x.

- SHREE RAMA MULTITECH 's p/b ratio hit its five-year low in Mar2020 of 0.93x.


How does SHREE RAMA MULTITECH 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
SHREE RAMA MULTITECH 29.7410.76319.9
ASTRAL LTD2,709.2020.2254,782.4
SUPREME INDUSTRIES LTD5,108.8310.9555,921.0
FINOLEX INDUSTRIES LTD4,903.073.4616,951.4
RESPONSIVE INDUSTRIES LTD1,003.387.657,675.7
PRINCE PIPES AND FITTINGS LTD1,363.965.157,023.4
EPL LTD1,956.602.955,780.2
JAI CORP LTD1,431.823.965,663.1
TIME TECHNOPLAST LTD2,265.812.736,175.9
GARWARE HITECH FILMS LTD1,855.822.204,074.4
JAIN IRRIGATION SYSTEMS LTD5,135.800.773,960.8

Plastic Products Industry Benchmark (Top 10) PB Analysis vs SHREE RAMA MULTITECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.77x
Max industry PB 20.22x
Median industry PB 3.96x
Average industry PB 6.43x



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