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STAR CEMENT
PB (Price/Book ) Ratio

The Current P/B Ratio of STAR CEMENT is 3.90.

Share Price ₹232.9May 06,2024
Market Cap ₹9,413.8 Cr
Book Value₹2,416.4 CrMar2023 - Consolidated Results
Price/Book 3.90xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of STAR CEMENT

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 STAR CEMENT is calculated as :

Current Market Cap [ ₹9,413.8 Cr] as on May 06,2024

(/) Book Value [ ₹2,416.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.90x ]

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

Thus, for STAR CEMENT , the investors are currently willing to pay '3.90 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 STAR CEMENT !

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

Historical PB (Price/Book ) ratio chart of STAR CEMENT


PB Ratio Performance Analysis for STAR CEMENT

- STAR CEMENT 's latest p/b ratio is 3.90x.

- STAR CEMENT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.88x.

- STAR CEMENT 's operated at median p/b ratio of 1.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STAR CEMENT 's p/b ratio peaked in Mar2019 at 2.4x.

- STAR CEMENT 's p/b ratio hit its five-year low in Mar2020 of 1.52x.


How does STAR CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
STAR CEMENT 2,416.383.909,413.8
ULTRATECH CEMENT LTD60,227.504.69282,293.0
AMBUJA CEMENTS LTD38,675.404.19162,101.0
SHREE CEMENT LTD18,636.404.9592,202.2
ACC LTD16,329.702.8646,773.1
DALMIA BHARAT LTD16,397.002.0533,648.9
JK CEMENT LTD4,686.756.6030,909.2
THE RAMCO CEMENTS LTD6,861.062.6418,134.3
NUVOCO VISTAS CORPORATION LTD8,983.521.3211,855.8
JK LAKSHMI CEMENT LTD2,803.863.359,402.4
PRISM JOHNSON LTD1,206.696.607,965.6

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs STAR CEMENT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.32x
Max industry PB 6.60x
Median industry PB 3.90x
Average industry PB 3.92x



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