VIJAY SOLVEX
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The Current P/B Ratio of VIJAY SOLVEX is 0.90.
| Share Price | ₹897.9 | Apr 23,2024 |
| Market Cap | ₹287.3 Cr | |
| Book Value | ₹319.5 Cr | Mar2023 - Consolidated Results |
| Price/Book | 0.90x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of VIJAY SOLVEX
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
Current Market Cap [ ₹287.3 Cr] as on Apr 23,2024
(/) Book Value [ ₹319.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.90x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for VIJAY SOLVEX , the investors are currently willing to pay '0.90 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 VIJAY SOLVEX !
The chart below summarizes the trend in P/B Ratio of VIJAY SOLVEX over the last five years.
Thus, for VIJAY SOLVEX , the investors are currently willing to pay '0.90 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 VIJAY SOLVEX !
The chart below summarizes the trend in P/B Ratio of VIJAY SOLVEX over the last five years.
Historical PB (Price/Book ) ratio chart of VIJAY SOLVEX
PB Ratio Performance Analysis for VIJAY SOLVEX
- VIJAY SOLVEX 's latest p/b ratio is 0.90x.
- VIJAY SOLVEX 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.99x.
- VIJAY SOLVEX 's operated at median p/b ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIJAY SOLVEX 's p/b ratio peaked in Mar2022 at 1.76x.
- VIJAY SOLVEX 's p/b ratio hit its five-year low in Mar2019 of 0.52x.
- VIJAY SOLVEX 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.99x.
- VIJAY SOLVEX 's operated at median p/b ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIJAY SOLVEX 's p/b ratio peaked in Mar2022 at 1.76x.
- VIJAY SOLVEX 's p/b ratio hit its five-year low in Mar2019 of 0.52x.
How does VIJAY SOLVEX 's P/B Ratio benchmark against top 10 peers in Edible Oil Industry?
| Peer Comparison (Edible Oil Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| VIJAY SOLVEX | 319.52 | 0.90 | 287.3 |
| PATANJALI FOODS LTD | 9,846.57 | 5.46 | 53,718.2 |
| ADANI WILMAR LTD | 8,165.75 | 5.44 | 44,455.5 |
| AGRO TECH FOODS LTD | 480.83 | 3.75 | 1,804.5 |
| GOKUL AGRO RESOURCES LTD | 650.61 | 2.70 | 1,758.7 |
| BCL INDUSTRIES LTD | 431.30 | 3.78 | 1,631.4 |
| KRITI NUTRIENTS LTD | 132.38 | 4.07 | 539.0 |
| GOKUL REFOILS AND SOLVENT LTD | 328.18 | 1.28 | 419.0 |
| MODI NATURALS LTD | 78.38 | 3.65 | 286.2 |
| AJANTA SOYA LTD | 125.80 | 1.91 | 240.4 |
| SHRI GANG INDUSTRIES & ALLIED PRODUCTS LTD | -44.76 | -3.59 | 160.6 |
Edible Oil Industry Benchmark (Top 10) PB Analysis vs VIJAY SOLVEX 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -3.59x |
| Max industry PB | 5.46x |
| Median industry PB | 3.65x |
| Average industry PB | 2.67x |
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