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SUPER TANNERY
PB (Price/Book ) Ratio

The Current P/B Ratio of SUPER TANNERY is 1.08.

Share Price ₹9.2Apr 19,2024
Market Cap ₹99.6 Cr
Book Value₹91.8 CrMar2023 - Consolidated Results
Price/Book 1.08xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUPER TANNERY

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 SUPER TANNERY is calculated as :

Current Market Cap [ ₹99.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹91.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.08x ]

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

Thus, for SUPER TANNERY , the investors are currently willing to pay '1.08 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 SUPER TANNERY !

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

Historical PB (Price/Book ) ratio chart of SUPER TANNERY


PB Ratio Performance Analysis for SUPER TANNERY

- SUPER TANNERY 's latest p/b ratio is 1.08x.

- SUPER TANNERY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.46x.

- SUPER TANNERY 's operated at median p/b ratio of 0.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUPER TANNERY 's p/b ratio peaked in Mar2023 at 0.77x.

- SUPER TANNERY 's p/b ratio hit its five-year low in Mar2020 of 0.18x.


How does SUPER TANNERY 's P/B Ratio benchmark against top 10 peers in Leather Industry?

Peer Comparison (Leather Industry)Book ValuePB RatioMarket Cap
SUPER TANNERY 91.801.0899.6
BHARTIYA INTERNATIONAL LTD376.351.39522.9
AKI INDIA LTD14.9913.94209.0

Leather Industry Benchmark (Top 10) PB Analysis vs SUPER TANNERY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.08x
Max industry PB 13.94x
Median industry PB 1.39x
Average industry PB 5.47x



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