VALIANT COMMUNICATIONS
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The Current P/B Ratio of VALIANT COMMUNICATIONS is 11.03.
| Share Price | ₹478.1 | May 10,2024 |
| Market Cap | ₹363.3 Cr | |
| Book Value | ₹32.9 Cr | Mar2023 - Consolidated Results |
| Price/Book | 11.03x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of VALIANT COMMUNICATIONS
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 [ ₹363.3 Cr] as on May 10,2024
(/) Book Value [ ₹32.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 11.03x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for VALIANT COMMUNICATIONS , the investors are currently willing to pay '11.03 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 VALIANT COMMUNICATIONS !
The chart below summarizes the trend in P/B Ratio of VALIANT COMMUNICATIONS over the last five years.
Thus, for VALIANT COMMUNICATIONS , the investors are currently willing to pay '11.03 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 VALIANT COMMUNICATIONS !
The chart below summarizes the trend in P/B Ratio of VALIANT COMMUNICATIONS over the last five years.
Historical PB (Price/Book ) ratio chart of VALIANT COMMUNICATIONS
PB Ratio Performance Analysis for VALIANT COMMUNICATIONS
- VALIANT COMMUNICATIONS 's latest p/b ratio is 11.03x.
- VALIANT COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.44x.
- VALIANT COMMUNICATIONS 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VALIANT COMMUNICATIONS 's p/b ratio peaked in Mar2023 at 3.05x.
- VALIANT COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2020 of 0.42x.
- VALIANT COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.44x.
- VALIANT COMMUNICATIONS 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VALIANT COMMUNICATIONS 's p/b ratio peaked in Mar2023 at 3.05x.
- VALIANT COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2020 of 0.42x.
How does VALIANT COMMUNICATIONS 's P/B Ratio benchmark against top 10 peers in Telecommunication - Equipment Industry?
| Peer Comparison (Telecommunication - Equipment Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| VALIANT COMMUNICATIONS | 32.94 | 11.03 | 363.3 |
| ITI LTD | 2,267.33 | 11.77 | 26,688.6 |
| BLACK BOX LTD | 294.83 | 12.56 | 3,701.6 |
| AVANTEL LTD | 158.05 | 16.58 | 2,620.0 |
| ADC INDIA COMMUNICATIONS LTD | 51.98 | 9.78 | 508.5 |
| FROG CELLSAT LTD | 116.55 | 3.03 | 353.2 |
| QUADRANT TELEVENTURES LTD | -2,385.10 | -0.05 | 124.9 |
Telecommunication - Equipment Industry Benchmark (Top 10) PB Analysis vs VALIANT COMMUNICATIONS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -0.05x |
| Max industry PB | 16.58x |
| Median industry PB | 11.03x |
| Average industry PB | 9.24x |
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