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SIGNET INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SIGNET INDUSTRIES is 0.88.

Share Price ₹61.8Mar 28,2024
Market Cap ₹181.5 Cr
Book Value₹206.5 CrMar2023 - Standalone Results
Price/Book 0.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SIGNET INDUSTRIES

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 SIGNET INDUSTRIES is calculated as :

Current Market Cap [ ₹181.5 Cr] as on Mar 28,2024

(/) Book Value [ ₹206.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 0.88x ]

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

Thus, for SIGNET INDUSTRIES , the investors are currently willing to pay '0.88 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 SIGNET INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of SIGNET INDUSTRIES


PB Ratio Performance Analysis for SIGNET INDUSTRIES

- SIGNET INDUSTRIES 's latest p/b ratio is 0.88x.

- SIGNET INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.49x.

- SIGNET INDUSTRIES 's operated at median p/b ratio of 0.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIGNET INDUSTRIES 's p/b ratio peaked in Mar2019 at 0.67x.

- SIGNET INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.27x.


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

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
SIGNET INDUSTRIES 206.460.88181.5
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 SIGNET INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.88x
Max industry PB 23.47x
Median industry PB 5.66x
Average industry PB 7.12x



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