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TITAN COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of TITAN COMPANY is 26.87.

Share Price ₹3,584.4Apr 26,2024
Market Cap ₹318,223.0 Cr
Book Value₹11,844.0 CrMar2023 - Consolidated Results
Price/Book 26.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TITAN 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 TITAN COMPANY is calculated as :

Current Market Cap [ ₹318,223.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹11,844.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 26.87x ]

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

Thus, for TITAN COMPANY , the investors are currently willing to pay '26.87 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 TITAN COMPANY !

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

Historical PB (Price/Book ) ratio chart of TITAN COMPANY


PB Ratio Performance Analysis for TITAN COMPANY

- TITAN COMPANY 's latest p/b ratio is 26.87x.

- TITAN COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.16x.

- TITAN COMPANY 's operated at median p/b ratio of 18.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TITAN COMPANY 's p/b ratio peaked in Mar2022 at 24.28x.

- TITAN COMPANY 's p/b ratio hit its five-year low in Mar2020 of 12.47x.


How does TITAN COMPANY 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Book ValuePB RatioMarket Cap
TITAN COMPANY 11,844.0026.87318,223.0
KALYAN JEWELLERS INDIA LTD3,634.7111.8643,123.2
RAJESH EXPORTS LTD14,723.600.649,415.8
SENCO GOLD LTD945.087.747,316.6
THANGAMAYIL JEWELLERY LTD388.799.273,604.7
PC JEWELLER LTD3,673.250.642,342.8
GOLDIAM INTERNATIONAL LTD585.663.241,896.2
DP ABHUSHAN LTD181.0713.962,527.6
ASIAN STAR COMPANY LTD1,435.380.911,307.8
RENAISSANCE GLOBAL LTD1,021.461.071,088.3
RADHIKA JEWELTECH LTD215.373.52757.2

Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs TITAN COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.64x
Max industry PB 26.87x
Median industry PB 3.52x
Average industry PB 7.25x



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