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TANTIA CONSTRUCTIONS
PB (Price/Book ) Ratio

The Current P/B Ratio of TANTIA CONSTRUCTIONS is 1.98.

Share Price ₹32.7Apr 30,2024
Market Cap ₹506.2 Cr
Book Value₹256.1 CrMar2023 - Consolidated Results
Price/Book 1.98xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TANTIA CONSTRUCTIONS

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 TANTIA CONSTRUCTIONS is calculated as :

Current Market Cap [ ₹506.2 Cr] as on Apr 30,2024

(/) Book Value [ ₹256.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.98x ]

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

Thus, for TANTIA CONSTRUCTIONS , the investors are currently willing to pay '1.98 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 TANTIA CONSTRUCTIONS !

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

Historical PB (Price/Book ) ratio chart of TANTIA CONSTRUCTIONS


PB Ratio Performance Analysis for TANTIA CONSTRUCTIONS

- TANTIA CONSTRUCTIONS 's latest p/b ratio is 1.98x.

- TANTIA CONSTRUCTIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.03x.

- TANTIA CONSTRUCTIONS 's operated at median p/b ratio of 0.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANTIA CONSTRUCTIONS 's p/b ratio peaked in Mar2022 at 0.14x.

- TANTIA CONSTRUCTIONS 's p/b ratio hit its five-year low in Mar2019 of -0.16x.


How does TANTIA CONSTRUCTIONS 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
TANTIA CONSTRUCTIONS 256.071.98506.2
LARSEN & TOUBRO LTD88,858.905.56494,077.0
RAIL VIKAS NIGAM LTD7,325.108.1559,683.7
GMR AIRPORTS INFRASTRUCTURE LTD-792.78-64.8551,414.2
IRB INFRASTRUCTURE DEVELOPERS LTD13,378.903.0741,047.1
IRCON INTERNATIONAL LTD5,211.494.5223,559.9
KEC INTERNATIONAL LTD3,771.425.1119,257.2
KALPATARU PROJECTS INTERNATIONAL LTD4,720.624.2219,925.7
NCC LTD6,166.832.4615,187.6
GR INFRAPROJECTS LTD6,265.132.1113,242.0
STERLING AND WILSON RENEWABLE ENERGY LTD969.1715.8015,309.1

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs TANTIA CONSTRUCTIONS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -64.85x
Max industry PB 15.80x
Median industry PB 4.22x
Average industry PB -1.08x



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