TANTIA CONSTRUCTIONS
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The Current P/B Ratio of TANTIA CONSTRUCTIONS is 1.98.
Share Price | ₹32.7 | Apr 30,2024 |
Market Cap | ₹506.2 Cr | |
Book Value | ₹256.1 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.98x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TANTIA CONSTRUCTIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TANTIA CONSTRUCTIONS | 256.07 | 1.98 | 506.2 |
LARSEN & TOUBRO LTD | 88,858.90 | 5.56 | 494,077.0 |
RAIL VIKAS NIGAM LTD | 7,325.10 | 8.15 | 59,683.7 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -64.85 | 51,414.2 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,378.90 | 3.07 | 41,047.1 |
IRCON INTERNATIONAL LTD | 5,211.49 | 4.52 | 23,559.9 |
KEC INTERNATIONAL LTD | 3,771.42 | 5.11 | 19,257.2 |
KALPATARU PROJECTS INTERNATIONAL LTD | 4,720.62 | 4.22 | 19,925.7 |
NCC LTD | 6,166.83 | 2.46 | 15,187.6 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.11 | 13,242.0 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 969.17 | 15.80 | 15,309.1 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs TANTIA CONSTRUCTIONS 's P/B Ratio
Top 10 Industry Peers | PB 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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