Home > PB Ratio > SPACENET ENTERPRISES INDIA

SPACENET ENTERPRISES INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of SPACENET ENTERPRISES INDIA is 40.55.

Share Price ₹27.9Apr 19,2024
Market Cap ₹1,529.5 Cr
Book Value₹37.7 CrMar2023 - Consolidated Results
Price/Book 40.55xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SPACENET ENTERPRISES INDIA
Please provide your vote to see the results
SPACENET ENTERPRISES INDIA is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of SPACENET ENTERPRISES 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 SPACENET ENTERPRISES INDIA is calculated as :

Current Market Cap [ ₹1,529.5 Cr] as on Apr 19,2024

(/) Book Value [ ₹37.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 40.55x ]

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

Thus, for SPACENET ENTERPRISES INDIA , the investors are currently willing to pay '40.55 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 SPACENET ENTERPRISES INDIA !

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

Historical PB (Price/Book ) ratio chart of SPACENET ENTERPRISES INDIA


PB Ratio Performance Analysis for SPACENET ENTERPRISES INDIA

- SPACENET ENTERPRISES INDIA 's latest p/b ratio is 40.55x.

- SPACENET ENTERPRISES INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2016 averaged 5.16x.

- SPACENET ENTERPRISES INDIA 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SPACENET ENTERPRISES INDIA 's p/b ratio peaked in Mar2023 at 22.85x.

- SPACENET ENTERPRISES INDIA 's p/b ratio hit its five-year low in Mar2016 of -0.46x.


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

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
SPACENET ENTERPRISES INDIA 37.7240.551,529.5
ADANI ENTERPRISES LTD33,051.0010.44344,930.0
REDINGTON LTD6,923.172.4717,116.9
HONASA CONSUMER LTD555.4122.5212,507.7
MMTC LTD1,410.637.5410,642.5
MSTC LTD786.507.625,993.5
LLOYDS ENTERPRISES LTD1,010.973.984,025.0
VERITAS (INDIA) LTD2,303.701.613,711.0
NOVARTIS INDIA LTD775.703.222,496.1
OPTIEMUS INFRACOM LTD382.466.102,334.5
MISHTANN FOODS LTD150.2113.572,038.5

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.61x
Max industry PB 40.55x
Median industry PB 7.54x
Average industry PB 10.88x



You may also like the below Video Courses