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VARANIUM CLOUD
PB (Price/Book ) Ratio

The Current P/B Ratio of VARANIUM CLOUD is 1.19.

Share Price ₹37.9May 13,2024
Market Cap ₹167.3 Cr
Book Value₹141.1 CrMar2023 - Standalone Results
Price/Book 1.19xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VARANIUM CLOUD

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 VARANIUM CLOUD is calculated as :

Current Market Cap [ ₹167.3 Cr] as on May 13,2024

(/) Book Value [ ₹141.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.19x ]

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

Thus, for VARANIUM CLOUD , the investors are currently willing to pay '1.19 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 VARANIUM CLOUD !

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

Historical PB (Price/Book ) ratio chart of VARANIUM CLOUD


PB Ratio Performance Analysis for VARANIUM CLOUD

- VARANIUM CLOUD 's latest p/b ratio is 1.19x.

- VARANIUM CLOUD 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 1.22x.

- VARANIUM CLOUD 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, VARANIUM CLOUD 's p/b ratio peaked in Mar2023 at 4.89x.

- VARANIUM CLOUD 's p/b ratio hit its five-year low in Mar2022 of 0x.


How does VARANIUM CLOUD 's P/B Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Book ValuePB RatioMarket Cap
VARANIUM CLOUD 141.101.19167.3
SYNGENE INTERNATIONAL LTD4,257.706.3326,931.7
SUN PHARMA ADVANCED RESEARCH COMPANY LTD512.7813.897,120.0
LATENT VIEW ANALYTICS LTD1,374.417.019,640.7
JUST DIAL LTD4,023.502.128,510.8
DREAMFOLKS SERVICES LTD153.0517.602,692.9
EKI ENERGY SERVICES LTD514.411.75898.2
AGS TRANSACT TECHNOLOGIES LTD510.391.68857.0
JAYKAY ENTERPRISES LTD179.224.45797.4
QUINT DIGITAL LTD201.742.11425.9
PTL ENTERPRISES LTD699.730.83577.8

Business Support Industry Benchmark (Top 10) PB Analysis vs VARANIUM CLOUD 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 17.60x
Median industry PB 2.12x
Average industry PB 5.36x



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