Home > PB Ratio > SURANA TELECOM AND POWER

SURANA TELECOM AND POWER
PB (Price/Book ) Ratio

The Current P/B Ratio of SURANA TELECOM AND POWER is 1.63.

Share Price ₹14.8Mar 28,2024
Market Cap ₹201.1 Cr
Book Value₹123.2 CrMar2023 - Consolidated Results
Price/Book 1.63xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SURANA TELECOM AND POWER
Please provide your vote to see the results
SURANA TELECOM AND POWER is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of SURANA TELECOM AND POWER

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 SURANA TELECOM AND POWER is calculated as :

Current Market Cap [ ₹201.1 Cr] as on Mar 28,2024

(/) Book Value [ ₹123.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.63x ]

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

Thus, for SURANA TELECOM AND POWER , the investors are currently willing to pay '1.63 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 SURANA TELECOM AND POWER !

The chart below summarizes the trend in P/B Ratio of SURANA TELECOM AND POWER over the last five years.

Historical PB (Price/Book ) ratio chart of SURANA TELECOM AND POWER


PB Ratio Performance Analysis for SURANA TELECOM AND POWER

- SURANA TELECOM AND POWER 's latest p/b ratio is 1.63x.

- SURANA TELECOM AND POWER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.71x.

- SURANA TELECOM AND POWER 's operated at median p/b ratio of 0.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SURANA TELECOM AND POWER 's p/b ratio peaked in Mar2022 at 1.21x.

- SURANA TELECOM AND POWER 's p/b ratio hit its five-year low in Mar2020 of 0.34x.


How does SURANA TELECOM AND POWER 's P/B Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Book ValuePB RatioMarket Cap
SURANA TELECOM AND POWER 123.221.63201.1
NTPC LTD147,023.002.22325,760.0
ADANI GREEN ENERGY LTD5,880.0049.41290,504.0
POWER GRID CORPORATION OF INDIA LTD83,014.503.10257,673.0
ADANI POWER LTD29,875.706.89205,845.0
TATA POWER COMPANY LTD28,787.404.37125,944.0
ADANI ENERGY SOLUTIONS LTD11,662.409.81114,427.0
NHPC LTD36,899.302.4490,033.6
JSW ENERGY LTD18,563.704.6986,986.9
TORRENT POWER LTD11,010.005.9165,111.6
SJVN LTD13,859.503.4447,707.7

Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs SURANA TELECOM AND POWER 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.63x
Max industry PB 49.41x
Median industry PB 4.37x
Average industry PB 8.54x



You may also like the below Video Courses