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VEDANTA
PB (Price/Book ) Ratio

The Current P/B Ratio of VEDANTA is 5.87.

Share Price ₹457.8Nov 07,2024
Market Cap ₹179,018.1 Cr
Book Value₹30,509.0 CrMar2024 - Consolidated Results
Price/Book 5.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VEDANTA

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 VEDANTA is calculated as :

Current Market Cap [ ₹179,018.1 Cr] as on Nov 07,2024

(/) Book Value [ ₹30,509.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 5.87x ]

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

Thus, for VEDANTA , the investors are currently willing to pay '5.87 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 VEDANTA !

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

Historical PB (Price/Book ) ratio chart of VEDANTA


PB Ratio Performance Analysis for VEDANTA

- VEDANTA 's latest p/b ratio is 5.87x.

- VEDANTA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.00x.

- VEDANTA 's operated at median p/b ratio of 2.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VEDANTA 's p/b ratio peaked in Mar2024 at 3.31x.

- VEDANTA 's p/b ratio hit its five-year low in Mar2020 of 0.44x.


How does VEDANTA 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Book ValuePB RatioMarket Cap
VEDANTA 30,509.005.87179,018.1
HINDUSTAN ZINC LTD15,195.0014.12214,498.0
HINDALCO INDUSTRIES LTD106,386.001.37145,698.0
HINDUSTAN COPPER LTD2,285.1112.3328,164.6
GRAVITA INDIA LTD837.4018.9615,880.5
SHIVALIK BIMETAL CONTROLS LTD341.5110.593,615.2
BHARAT WIRE ROPES LTD657.042.521,656.8
RAM RATNA WIRES LTD409.666.482,653.9
NILE LTD229.863.06702.8
RAJNANDINI METAL LTD41.436.77280.4
SHERA ENERGY LTD106.924.72505.0

Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs VEDANTA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.37x
Max industry PB 18.96x
Median industry PB 6.48x
Average industry PB 7.89x



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