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VIRAT CRANE INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of VIRAT CRANE INDUSTRIES is 2.31.

Share Price ₹61.1May 18,2024
Market Cap ₹124.6 Cr
Book Value₹54.0 CrMar2023 - Standalone Results
Price/Book 2.31xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VIRAT CRANE INDUSTRIES

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 VIRAT CRANE INDUSTRIES is calculated as :

Current Market Cap [ ₹124.6 Cr] as on May 18,2024

(/) Book Value [ ₹54.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.31x ]

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

Thus, for VIRAT CRANE INDUSTRIES , the investors are currently willing to pay '2.31 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 VIRAT CRANE INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of VIRAT CRANE INDUSTRIES


PB Ratio Performance Analysis for VIRAT CRANE INDUSTRIES

- VIRAT CRANE INDUSTRIES 's latest p/b ratio is 2.31x.

- VIRAT CRANE INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.01x.

- VIRAT CRANE INDUSTRIES 's operated at median p/b ratio of 1.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VIRAT CRANE INDUSTRIES 's p/b ratio peaked in Mar2019 at 1.44x.

- VIRAT CRANE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.62x.


How does VIRAT CRANE INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Book ValuePB RatioMarket Cap
VIRAT CRANE INDUSTRIES 53.952.31124.6
NESTLE INDIA LTD3,340.8972.21241,251.0
VARUN BEVERAGES LTD6,927.6528.26195,752.0
BRITANNIA INDUSTRIES LTD3,941.5231.11122,630.0
MARICO LTD3,832.0020.0876,959.0
JUBILANT FOODWORKS LTD2,025.4815.3030,986.3
HATSUN AGRO PRODUCT LTD1,572.2514.5122,816.1
DEVYANI INTERNATIONAL LTD1,055.7617.4118,380.9
BIKAJI FOODS INTERNATIONAL LTD942.4514.4713,637.1
SAPPHIRE FOODS INDIA LTD1,339.146.598,821.7
GODREJ AGROVET LTD2,516.654.2510,694.5

Consumer Food Industry Benchmark (Top 10) PB Analysis vs VIRAT CRANE INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.31x
Max industry PB 72.21x
Median industry PB 15.30x
Average industry PB 20.59x



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