THE SOUTH INDIAN BANK
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The Current P/B Ratio of THE SOUTH INDIAN BANK is 1.13.
| Share Price | ₹28.9 | Apr 23,2024 |
| Market Cap | ₹7,546.9 Cr | |
| Book Value | ₹6,674.6 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.13x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of THE SOUTH INDIAN BANK
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
Current Market Cap [ ₹7,546.9 Cr] as on Apr 23,2024
(/) Book Value [ ₹6,674.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.13x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for THE SOUTH INDIAN BANK , the investors are currently willing to pay '1.13 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 SOUTH INDIAN BANK !
The chart below summarizes the trend in P/B Ratio of THE SOUTH INDIAN BANK over the last five years.
Thus, for THE SOUTH INDIAN BANK , the investors are currently willing to pay '1.13 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 SOUTH INDIAN BANK !
The chart below summarizes the trend in P/B Ratio of THE SOUTH INDIAN BANK over the last five years.
Historical PB (Price/Book ) ratio chart of THE SOUTH INDIAN BANK
PB Ratio Performance Analysis for THE SOUTH INDIAN BANK
- THE SOUTH INDIAN BANK 's latest p/b ratio is 1.13x.
- THE SOUTH INDIAN BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.37x.
- THE SOUTH INDIAN BANK 's operated at median p/b ratio of 0.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, THE SOUTH INDIAN BANK 's p/b ratio peaked in Mar2023 at 0.46x.
- THE SOUTH INDIAN BANK 's p/b ratio hit its five-year low in Mar2022 of 0.27x.
- THE SOUTH INDIAN BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.37x.
- THE SOUTH INDIAN BANK 's operated at median p/b ratio of 0.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, THE SOUTH INDIAN BANK 's p/b ratio peaked in Mar2023 at 0.46x.
- THE SOUTH INDIAN BANK 's p/b ratio hit its five-year low in Mar2022 of 0.27x.
How does THE SOUTH INDIAN BANK 's P/B Ratio benchmark against top 10 peers in Bank - Private Industry?
| Peer Comparison (Bank - Private Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| THE SOUTH INDIAN BANK | 6,674.63 | 1.13 | 7,546.9 |
| HDFC BANK LTD | 453,743.00 | 2.52 | 1,145,010.0 |
| ICICI BANK LTD | 213,737.00 | 3.58 | 765,880.0 |
| KOTAK MAHINDRA BANK LTD | 112,254.00 | 3.21 | 360,460.0 |
| AXIS BANK LTD | 129,356.00 | 2.52 | 326,128.0 |
| INDUSIND BANK LTD | 54,960.30 | 2.09 | 114,701.0 |
| IDBI BANK LTD | 46,319.20 | 2.03 | 94,115.8 |
| YES BANK LTD | 39,739.60 | 1.86 | 73,818.4 |
| IDFC FIRST BANK LTD | 25,810.40 | 2.29 | 59,062.1 |
| AU SMALL FINANCE BANK LTD | 10,933.30 | 4.14 | 45,248.2 |
| THE FEDERAL BANK LTD | 22,119.10 | 1.69 | 37,442.6 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs THE SOUTH INDIAN BANK 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.13x |
| Max industry PB | 4.14x |
| Median industry PB | 2.29x |
| Average industry PB | 2.46x |
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