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VARIMAN GLOBAL ENTERPRISES
PB (Price/Book ) Ratio

The Current P/B Ratio of VARIMAN GLOBAL ENTERPRISES is 15.94.

Share Price ₹25.0May 07,2024
Market Cap ₹486.1 Cr
Book Value₹30.5 CrMar2023 - Consolidated Results
Price/Book 15.94xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VARIMAN GLOBAL ENTERPRISES

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 VARIMAN GLOBAL ENTERPRISES is calculated as :

Current Market Cap [ ₹486.1 Cr] as on May 07,2024

(/) Book Value [ ₹30.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 15.94x ]

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

Thus, for VARIMAN GLOBAL ENTERPRISES , the investors are currently willing to pay '15.94 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 VARIMAN GLOBAL ENTERPRISES !

The chart below summarizes the trend in P/B Ratio of VARIMAN GLOBAL ENTERPRISES over the last five years.

Historical PB (Price/Book ) ratio chart of VARIMAN GLOBAL ENTERPRISES


PB Ratio Performance Analysis for VARIMAN GLOBAL ENTERPRISES

- VARIMAN GLOBAL ENTERPRISES 's latest p/b ratio is 15.94x.

- VARIMAN GLOBAL ENTERPRISES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.20x.

- VARIMAN GLOBAL ENTERPRISES 's operated at median p/b ratio of 2.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VARIMAN GLOBAL ENTERPRISES 's p/b ratio peaked in Mar2022 at 17.28x.

- VARIMAN GLOBAL ENTERPRISES 's p/b ratio hit its five-year low in Mar2019 of 0x.


How does VARIMAN GLOBAL ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
VARIMAN GLOBAL ENTERPRISES 30.5115.94486.1
DLF LTD37,687.505.63212,097.0
MACROTECH DEVELOPERS LTD17,028.006.54111,289.0
GODREJ PROPERTIES LTD9,992.517.7377,284.4
OBEROI REALTY LTD12,210.104.3753,404.1
THE PHOENIX MILLS LTD8,355.486.3753,199.9
PRESTIGE ESTATES PROJECTS LTD9,975.305.9058,890.6
BRIGADE ENTERPRISES LTD3,237.707.7925,221.1
NBCC (INDIA) LTD1,944.5011.9023,130.0
SIGNATUREGLOBAL (INDIA) LTD47.54370.2917,603.2
SOBHA LTD2,494.676.9317,300.4

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs VARIMAN GLOBAL ENTERPRISES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.37x
Max industry PB 370.29x
Median industry PB 6.93x
Average industry PB 40.85x



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