SOBHA
|
The Current P/B Ratio of SOBHA is 6.00.
Share Price | ₹1,579.2 | Apr 19,2024 |
Market Cap | ₹14,970.3 Cr | |
Book Value | ₹2,494.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 6.00x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SOBHA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,970.3 Cr] as on Apr 19,2024
(/) Book Value [ ₹2,494.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 6.00x ]
Thus, for SOBHA , the investors are currently willing to pay '6.00 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 SOBHA !
The chart below summarizes the trend in P/B Ratio of SOBHA over the last five years.
Historical PB (Price/Book ) ratio chart of SOBHA
PB Ratio Performance Analysis for SOBHA
- SOBHA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.77x.
- SOBHA 's operated at median p/b ratio of 1.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOBHA 's p/b ratio peaked in Mar2022 at 2.78x.
- SOBHA 's p/b ratio hit its five-year low in Mar2020 of 0.53x.
How does SOBHA 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?
Peer Comparison (Construction - Real Estate Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SOBHA | 2,494.67 | 6.00 | 14,970.3 |
DLF LTD | 37,687.50 | 5.62 | 211,850.0 |
MACROTECH DEVELOPERS LTD | 12,557.30 | 9.29 | 116,645.0 |
GODREJ PROPERTIES LTD | 9,256.95 | 7.51 | 69,515.9 |
OBEROI REALTY LTD | 12,210.10 | 4.16 | 50,735.2 |
THE PHOENIX MILLS LTD | 8,355.48 | 6.67 | 55,769.2 |
PRESTIGE ESTATES PROJECTS LTD | 9,975.30 | 4.95 | 49,334.0 |
BRIGADE ENTERPRISES LTD | 3,237.70 | 7.25 | 23,457.8 |
NBCC (INDIA) LTD | 1,944.50 | 11.48 | 22,320.0 |
SIGNATUREGLOBAL (INDIA) LTD | 47.54 | 369.06 | 17,544.9 |
VALOR ESTATE LTD | 1,878.91 | 5.91 | 11,110.7 |
Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs SOBHA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.16x |
Max industry PB | 369.06x |
Median industry PB | 6.67x |
Average industry PB | 39.81x |
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