TRESCON
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The Current P/B Ratio of TRESCON is 1.14.
Share Price | ₹16.8 | Apr 25,2024 |
Market Cap | ₹122.1 Cr | |
Book Value | ₹107.3 Cr | Mar2023 - Standalone Results |
Price/Book | 1.14x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TRESCON
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹122.1 Cr] as on Apr 25,2024
(/) Book Value [ ₹107.3 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.14x ]
Thus, for TRESCON , the investors are currently willing to pay '1.14 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 TRESCON !
The chart below summarizes the trend in P/B Ratio of TRESCON over the last five years.
Historical PB (Price/Book ) ratio chart of TRESCON
PB Ratio Performance Analysis for TRESCON
- TRESCON 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.36x.
- TRESCON 's operated at median p/b ratio of 3.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRESCON 's p/b ratio peaked in Mar2019 at 6.74x.
- TRESCON 's p/b ratio hit its five-year low in Mar2023 of 0.55x.
How does TRESCON 's P/B Ratio benchmark against top 10 peers in Floriculture Industry?
Peer Comparison (Floriculture Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TRESCON | 107.26 | 1.14 | 122.1 |
INDRAYANI BIOTECH LTD | 53.54 | 4.63 | 248.0 |
Floriculture Industry Benchmark (Top 10) PB Analysis vs TRESCON 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.14x |
Max industry PB | 4.63x |
Median industry PB | 4.63x |
Average industry PB | 2.89x |
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