VENKYS (INDIA)
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The Current P/B Ratio of VENKYS (INDIA) is 1.91.
Share Price | ₹1,759.0 | Apr 23,2024 |
Market Cap | ₹2,480.1 Cr | |
Book Value | ₹1,298.6 Cr | Mar2023 - Standalone Results |
Price/Book | 1.91x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VENKYS (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,480.1 Cr] as on Apr 23,2024
(/) Book Value [ ₹1,298.6 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.91x ]
Thus, for VENKYS (INDIA) , the investors are currently willing to pay '1.91 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 VENKYS (INDIA) !
The chart below summarizes the trend in P/B Ratio of VENKYS (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of VENKYS (INDIA)
PB Ratio Performance Analysis for VENKYS (INDIA)
- VENKYS (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.20x.
- VENKYS (INDIA) 's operated at median p/b ratio of 1.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VENKYS (INDIA) 's p/b ratio peaked in Mar2019 at 3.61x.
- VENKYS (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.42x.
How does VENKYS (INDIA) 's P/B Ratio benchmark against top 10 peers in Agriculture Industry?
Peer Comparison (Agriculture Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VENKYS (INDIA) | 1,298.61 | 1.91 | 2,480.1 |
BOMBAY BURMAH TRADING CORPORATION LTD | 4,033.49 | 2.73 | 11,022.2 |
KAVERI SEED COMPANY LTD | 1,365.06 | 2.85 | 3,884.7 |
BOMBAY SUPER HYBRID SEEDS LTD | 56.34 | 41.01 | 2,310.2 |
TIERRA AGROTECH LTD | 15.09 | 29.80 | 449.7 |
INDO US BIOTECH LTD | 54.50 | 8.50 | 463.2 |
NATH BIOGENES (INDIA) LTD | 573.17 | 0.66 | 381.1 |
MANGALAM SEEDS LTD | 56.63 | 5.79 | 328.1 |
SHREE OSWAL SEEDS AND CHEMICALS LTD | 44.37 | 6.02 | 267.1 |
HARRISONS MALAYALAM LTD | 156.17 | 1.93 | 301.0 |
MANGALAM GLOBAL ENTERPRISE LTD | 112.95 | 2.37 | 267.5 |
Agriculture Industry Benchmark (Top 10) PB Analysis vs VENKYS (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.66x |
Max industry PB | 41.01x |
Median industry PB | 2.85x |
Average industry PB | 9.42x |
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