TIPS INDUSTRIES
|
The Current P/B Ratio of TIPS INDUSTRIES is 30.53.
Share Price | ₹426.8 | May 08,2024 |
Market Cap | ₹5,480.1 Cr | |
Book Value | ₹179.5 Cr | Mar2024 - Standalone Results |
Price/Book | 30.53x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TIPS INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,480.1 Cr] as on May 08,2024
(/) Book Value [ ₹179.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 30.53x ]
Thus, for TIPS INDUSTRIES , the investors are currently willing to pay '30.53 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 TIPS INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of TIPS INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of TIPS INDUSTRIES
PB Ratio Performance Analysis for TIPS INDUSTRIES
- TIPS INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.10x.
- TIPS INDUSTRIES 's operated at median p/b ratio of 6.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIPS INDUSTRIES 's p/b ratio peaked in Mar2022 at 27.86x.
- TIPS INDUSTRIES 's p/b ratio hit its five-year low in Mar2019 of 1.26x.
How does TIPS INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Film Production, Distribution & Entertainment Industry?
Peer Comparison (Film Production, Distribution & Entertainment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIPS INDUSTRIES | 179.50 | 30.53 | 5,480.1 |
PVR INOX LTD | 7,306.44 | 1.78 | 12,991.0 |
SAREGAMA INDIA LTD | 1,339.03 | 6.19 | 8,287.0 |
PRIME FOCUS LTD | -265.17 | -11.27 | 2,989.5 |
MEDIA MATRIX WORLDWIDE LTD | 129.51 | 16.04 | 2,077.5 |
PANORAMA STUDIOS INTERNATIONAL LTD | 61.12 | 20.67 | 1,263.5 |
BALAJI TELEFILMS LTD | 395.52 | 1.90 | 751.4 |
UFO MOVIEZ INDIA LTD | 265.91 | 1.92 | 511.2 |
VASHU BHAGNANI INDUSTRIES LTD | 42.40 | 15.39 | 652.7 |
CINELINE INDIA LTD | 118.70 | 3.55 | 421.8 |
SHEMAROO ENTERTAINMENT LTD | 590.03 | 0.73 | 432.5 |
Film Production, Distribution & Entertainment Industry Benchmark (Top 10) PB Analysis vs TIPS INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -11.27x |
Max industry PB | 30.53x |
Median industry PB | 3.55x |
Average industry PB | 7.95x |
You may also like the below Video Courses