VEDANTA
|
The Current P/B Ratio of VEDANTA is 3.65.
Share Price | ₹385.9 | Apr 19,2024 |
Market Cap | ₹143,428.2 Cr | |
Book Value | ₹39,255.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.65x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VEDANTA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹143,428.2 Cr] as on Apr 19,2024
(/) Book Value [ ₹39,255.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.65x ]
Thus, for VEDANTA , the investors are currently willing to pay '3.65 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 p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.56x.
- VEDANTA 's operated at median p/b ratio of 1.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VEDANTA 's p/b ratio peaked in Mar2023 at 2.6x.
- 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 Value | PB Ratio | Market Cap |
---|---|---|---|
VEDANTA | 39,255.00 | 3.65 | 143,428.2 |
HINDUSTAN ZINC LTD | 15,195.00 | 11.09 | 168,527.0 |
HINDALCO INDUSTRIES LTD | 95,004.00 | 1.45 | 138,091.0 |
HINDUSTAN COPPER LTD | 2,082.17 | 16.90 | 35,194.8 |
GRAVITA INDIA LTD | 588.93 | 11.45 | 6,742.9 |
SHIVALIK BIMETAL CONTROLS LTD | 265.50 | 12.31 | 3,269.0 |
BHARAT WIRE ROPES LTD | 560.15 | 3.54 | 1,984.4 |
RAM RATNA WIRES LTD | 311.65 | 4.66 | 1,451.3 |
NILE LTD | 199.62 | 2.10 | 420.1 |
RAJNANDINI METAL LTD | 41.43 | 7.47 | 309.7 |
SHERA ENERGY LTD | 89.14 | 4.93 | 439.1 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs VEDANTA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.45x |
Max industry PB | 16.90x |
Median industry PB | 4.93x |
Average industry PB | 7.23x |
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