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SICAGEN INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of SICAGEN INDIA is 0.53.

Share Price ₹59.0Mar 28,2024
Market Cap ₹233.7 Cr
Book Value₹439.6 CrMar2023 - Consolidated Results
Price/Book 0.53xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SICAGEN INDIA

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 SICAGEN INDIA is calculated as :

Current Market Cap [ ₹233.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹439.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.53x ]

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

Thus, for SICAGEN INDIA , the investors are currently willing to pay '0.53 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 SICAGEN INDIA !

The chart below summarizes the trend in P/B Ratio of SICAGEN INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of SICAGEN INDIA


PB Ratio Performance Analysis for SICAGEN INDIA

- SICAGEN INDIA 's latest p/b ratio is 0.53x.

- SICAGEN INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.19x.

- SICAGEN INDIA 's operated at median p/b ratio of 0.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SICAGEN INDIA 's p/b ratio peaked in Mar2023 at 0.27x.

- SICAGEN INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.09x.


How does SICAGEN INDIA 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
SICAGEN INDIA 439.560.53233.7
ADANI ENTERPRISES LTD33,051.0011.02364,065.0
REDINGTON LTD6,923.172.3516,276.5
HONASA CONSUMER LTD555.4123.4713,034.6
MMTC LTD1,410.637.069,961.5
MSTC LTD786.507.445,851.3
LLOYDS ENTERPRISES LTD1,010.973.483,517.4
VERITAS (INDIA) LTD2,303.701.252,869.5
NOVARTIS INDIA LTD775.703.272,539.6
OPTIEMUS INFRACOM LTD382.465.662,163.6
MISHTANN FOODS LTD150.2112.441,868.4

Trading Industry Benchmark (Top 10) PB Analysis vs SICAGEN INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.53x
Max industry PB 23.47x
Median industry PB 5.66x
Average industry PB 7.09x



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