VEDANTA
|
The Current P/B Ratio of VEDANTA is 5.87.
Share Price | ₹457.8 | Nov 07,2024 |
Market Cap | ₹179,018.1 Cr | |
Book Value | ₹30,509.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.87x | 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 [ ₹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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
VEDANTA | 30,509.00 | 5.87 | 179,018.1 |
HINDUSTAN ZINC LTD | 15,195.00 | 14.12 | 214,498.0 |
HINDALCO INDUSTRIES LTD | 106,386.00 | 1.37 | 145,698.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 12.33 | 28,164.6 |
GRAVITA INDIA LTD | 837.40 | 18.96 | 15,880.5 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 10.59 | 3,615.2 |
BHARAT WIRE ROPES LTD | 657.04 | 2.52 | 1,656.8 |
RAM RATNA WIRES LTD | 409.66 | 6.48 | 2,653.9 |
NILE LTD | 229.86 | 3.06 | 702.8 |
RAJNANDINI METAL LTD | 41.43 | 6.77 | 280.4 |
SHERA ENERGY LTD | 106.92 | 4.72 | 505.0 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs VEDANTA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.37x |
Max industry PB | 18.96x |
Median industry PB | 6.48x |
Average industry PB | 7.89x |
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