THE STATE TRADING CORPORATION OF INDIA
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The Current P/B Ratio of THE STATE TRADING CORPORATION OF INDIA is -0.18.
Share Price | ₹141.9 | Apr 24,2024 |
Market Cap | ₹851.1 Cr | |
Book Value | ₹-4,702.3 Cr | Mar2023 - Consolidated Results |
Price/Book | -0.18x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of THE STATE TRADING CORPORATION OF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹851.1 Cr] as on Apr 24,2024
(/) Book Value [ ₹-4,702.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ -0.18x ]
Thus, for THE STATE TRADING CORPORATION OF INDIA , the investors are currently willing to pay '-0.18 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 STATE TRADING CORPORATION OF INDIA !
The chart below summarizes the trend in P/B Ratio of THE STATE TRADING CORPORATION OF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of THE STATE TRADING CORPORATION OF INDIA
PB Ratio Performance Analysis for THE STATE TRADING CORPORATION OF INDIA
- THE STATE TRADING CORPORATION OF INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.09x.
- THE STATE TRADING CORPORATION OF INDIA 's operated at median p/b ratio of -0.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE STATE TRADING CORPORATION OF INDIA 's p/b ratio peaked in Mar2020 at -0.03x.
- THE STATE TRADING CORPORATION OF INDIA 's p/b ratio hit its five-year low in Mar2019 of -0.15x.
How does THE STATE TRADING CORPORATION OF INDIA 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
THE STATE TRADING CORPORATION OF INDIA | -4,702.27 | -0.18 | 851.1 |
ADANI ENTERPRISES LTD | 33,051.00 | 10.50 | 346,885.0 |
REDINGTON LTD | 6,923.17 | 2.49 | 17,230.3 |
HONASA CONSUMER LTD | 555.41 | 24.92 | 13,842.0 |
MMTC LTD | 1,410.63 | 8.02 | 11,307.0 |
MSTC LTD | 786.50 | 7.86 | 6,180.8 |
LLOYDS ENTERPRISES LTD | 1,010.97 | 4.54 | 4,592.4 |
VERITAS (INDIA) LTD | 2,303.70 | 1.71 | 3,938.0 |
NOVARTIS INDIA LTD | 775.70 | 3.27 | 2,533.8 |
OPTIEMUS INFRACOM LTD | 382.46 | 6.33 | 2,422.5 |
MISHTANN FOODS LTD | 150.21 | 13.27 | 1,992.8 |
Trading Industry Benchmark (Top 10) PB Analysis vs THE STATE TRADING CORPORATION OF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.18x |
Max industry PB | 24.92x |
Median industry PB | 6.33x |
Average industry PB | 7.52x |
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