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THE GROB TEA COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of THE GROB TEA COMPANY is 1.52.

Share Price ₹986.3Apr 23,2024
Market Cap ₹118.4 Cr
Book Value₹77.8 CrMar2023 - Standalone Results
Price/Book 1.52xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THE GROB TEA COMPANY

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 THE GROB TEA COMPANY is calculated as :

Current Market Cap [ ₹118.4 Cr] as on Apr 23,2024

(/) Book Value [ ₹77.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.52x ]

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

Thus, for THE GROB TEA COMPANY , the investors are currently willing to pay '1.52 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 THE GROB TEA COMPANY !

The chart below summarizes the trend in P/B Ratio of THE GROB TEA COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of THE GROB TEA COMPANY


PB Ratio Performance Analysis for THE GROB TEA COMPANY

- THE GROB TEA COMPANY 's latest p/b ratio is 1.52x.

- THE GROB TEA COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.10x.

- THE GROB TEA COMPANY 's operated at median p/b ratio of 1.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE GROB TEA COMPANY 's p/b ratio peaked in Mar2022 at 1.48x.

- THE GROB TEA COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.64x.


How does THE GROB TEA COMPANY 's P/B Ratio benchmark against top 10 peers in Tea/Coffee Industry?

Peer Comparison (Tea/Coffee Industry)Book ValuePB RatioMarket Cap
THE GROB TEA COMPANY 77.761.52118.4
TATA CONSUMER PRODUCTS LTD16,056.806.96111,791.0
CCL PRODUCTS (INDIA) LTD1,471.475.327,827.4
ANDREW YULE & COMPANY LTD384.945.562,141.6
GOODRICKE GROUP LTD310.891.18368.1
JAY SHREE TEA & INDUSTRIES LTD221.431.32293.1
MCLEOD RUSSEL INDIA LTD569.340.46260.1
NEELAMALAI AGRO INDUSTRIES LTD245.710.97239.3
DHUNSERI TEA & INDUSTRIES LTD697.090.30212.0
THE UNITED NILGIRI TEA ESTATES COMPANY LTD187.110.92171.9
B&A LTD122.061.49182.3

Tea/Coffee Industry Benchmark (Top 10) PB Analysis vs THE GROB TEA COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.30x
Max industry PB 6.96x
Median industry PB 1.32x
Average industry PB 2.37x



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