SIGNET INDUSTRIES
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The Current P/B Ratio of SIGNET INDUSTRIES is 0.88.
Share Price | ₹61.8 | Mar 28,2024 |
Market Cap | ₹181.5 Cr | |
Book Value | ₹206.5 Cr | Mar2023 - Standalone Results |
Price/Book | 0.88x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SIGNET INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
SIGNET INDUSTRIES | 206.46 | 0.88 | 181.5 |
ADANI ENTERPRISES LTD | 33,051.00 | 11.02 | 364,065.0 |
REDINGTON LTD | 6,923.17 | 2.35 | 16,276.5 |
HONASA CONSUMER LTD | 555.41 | 23.47 | 13,034.6 |
MMTC LTD | 1,410.63 | 7.06 | 9,961.5 |
MSTC LTD | 786.50 | 7.44 | 5,851.3 |
LLOYDS ENTERPRISES LTD | 1,010.97 | 3.48 | 3,517.4 |
VERITAS (INDIA) LTD | 2,303.70 | 1.25 | 2,869.5 |
NOVARTIS INDIA LTD | 775.70 | 3.27 | 2,539.6 |
OPTIEMUS INFRACOM LTD | 382.46 | 5.66 | 2,163.6 |
MISHTANN FOODS LTD | 150.21 | 12.44 | 1,868.4 |
Trading Industry Benchmark (Top 10) PB Analysis vs SIGNET INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB 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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