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SHRI GANG INDUSTRIES & ALLIED PRODUCTS
PB (Price/Book ) Ratio

The Current P/B Ratio of SHRI GANG INDUSTRIES & ALLIED PRODUCTS is -3.60.

Share Price ₹90.0Apr 26,2024
Market Cap ₹161.1 Cr
Book Value₹-44.8 CrMar2023 - Standalone Results
Price/Book -3.60xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHRI GANG INDUSTRIES & ALLIED PRODUCTS

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 SHRI GANG INDUSTRIES & ALLIED PRODUCTS is calculated as :

Current Market Cap [ ₹161.1 Cr] as on Apr 26,2024

(/) Book Value [ ₹-44.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ -3.60x ]

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

Thus, for SHRI GANG INDUSTRIES & ALLIED PRODUCTS , the investors are currently willing to pay '-3.60 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 SHRI GANG INDUSTRIES & ALLIED PRODUCTS !

The chart below summarizes the trend in P/B Ratio of SHRI GANG INDUSTRIES & ALLIED PRODUCTS over the last five years.

Historical PB (Price/Book ) ratio chart of SHRI GANG INDUSTRIES & ALLIED PRODUCTS


PB Ratio Performance Analysis for SHRI GANG INDUSTRIES & ALLIED PRODUCTS

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's latest p/b ratio is -3.60x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.55x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/b ratio peaked in Mar2021 at 0x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/b ratio hit its five-year low in Mar2023 of -2.7x.


How does SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's P/B Ratio benchmark against top 10 peers in Edible Oil Industry?

Peer Comparison (Edible Oil Industry)Book ValuePB RatioMarket Cap
SHRI GANG INDUSTRIES & ALLIED PRODUCTS -44.76-3.60161.1
PATANJALI FOODS LTD9,846.575.8057,115.6
ADANI WILMAR LTD8,165.755.4644,559.5
AGRO TECH FOODS LTD500.253.701,848.8
GOKUL AGRO RESOURCES LTD650.612.691,746.9
BCL INDUSTRIES LTD431.303.721,604.7
KRITI NUTRIENTS LTD132.384.16550.0
GOKUL REFOILS AND SOLVENT LTD328.181.27418.3
MODI NATURALS LTD78.383.68288.6
VIJAY SOLVEX LTD319.520.85272.4
AJANTA SOYA LTD125.801.89237.7

Edible Oil Industry Benchmark (Top 10) PB Analysis vs SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -3.60x
Max industry PB 5.80x
Median industry PB 3.68x
Average industry PB 2.69x



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