SIMBHAOLI SUGARS
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The Current P/B Ratio of SIMBHAOLI SUGARS is -0.98.
Share Price | ₹28.2 | Apr 19,2024 |
Market Cap | ₹116.5 Cr | |
Book Value | ₹-118.9 Cr | Mar2023 - Consolidated Results |
Price/Book | -0.98x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SIMBHAOLI SUGARS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹116.5 Cr] as on Apr 19,2024
(/) Book Value [ ₹-118.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ -0.98x ]
Thus, for SIMBHAOLI SUGARS , the investors are currently willing to pay '-0.98 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 SIMBHAOLI SUGARS !
The chart below summarizes the trend in P/B Ratio of SIMBHAOLI SUGARS over the last five years.
Historical PB (Price/Book ) ratio chart of SIMBHAOLI SUGARS
PB Ratio Performance Analysis for SIMBHAOLI SUGARS
- SIMBHAOLI SUGARS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.16x.
- SIMBHAOLI SUGARS 's operated at median p/b ratio of -0.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIMBHAOLI SUGARS 's p/b ratio peaked in Mar2019 at 3.88x.
- SIMBHAOLI SUGARS 's p/b ratio hit its five-year low in Mar2022 of -1.07x.
How does SIMBHAOLI SUGARS 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SIMBHAOLI SUGARS | -118.91 | -0.98 | 116.5 |
EID PARRY (INDIA) LTD | 6,072.67 | 1.77 | 10,725.6 |
SHREE RENUKA SUGARS LTD | -881.22 | -10.30 | 9,075.9 |
BALRAMPUR CHINI MILLS LTD | 2,895.58 | 2.55 | 7,380.0 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,665.25 | 2.67 | 7,114.2 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,424.40 | 0.88 | 3,911.3 |
BANNARI AMMAN SUGARS LTD | 1,551.89 | 2.07 | 3,216.1 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,704.95 | 1.09 | 2,936.9 |
PICCADILY AGRO INDUSTRIES LTD | 231.51 | 19.33 | 4,474.5 |
DCM SHRIRAM INDUSTRIES LTD | 716.67 | 2.34 | 1,674.6 |
DWARIKESH SUGAR INDUSTRIES LTD | 739.79 | 1.85 | 1,365.6 |
Sugar Industry Benchmark (Top 10) PB Analysis vs SIMBHAOLI SUGARS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -10.30x |
Max industry PB | 19.33x |
Median industry PB | 1.85x |
Average industry PB | 2.11x |
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