VST INDUSTRIES
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The Current P/B Ratio of VST INDUSTRIES is 4.77.
Share Price | ₹3,882.7 | May 06,2024 |
Market Cap | ₹5,979.4 Cr | |
Book Value | ₹1,252.4 Cr | Mar2024 - Standalone Results |
Price/Book | 4.77x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VST INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,979.4 Cr] as on May 06,2024
(/) Book Value [ ₹1,252.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 4.77x ]
Thus, for VST INDUSTRIES , the investors are currently willing to pay '4.77 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 VST INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of VST INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of VST INDUSTRIES
PB Ratio Performance Analysis for VST INDUSTRIES
- VST INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.53x.
- VST INDUSTRIES 's operated at median p/b ratio of 5.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VST INDUSTRIES 's p/b ratio peaked in Mar2019 at 8.08x.
- VST INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 4.12x.
How does VST INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Cigarettes/Tobacco Industry?
Peer Comparison (Cigarettes/Tobacco Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VST INDUSTRIES | 1,252.42 | 4.77 | 5,979.4 |
ITC LTD | 68,413.80 | 7.93 | 542,586.0 |
GODFREY PHILLIPS INDIA LTD | 3,547.93 | 4.82 | 17,099.5 |
THE INDIAN WOOD PRODUCTS COMPANY LTD | 352.78 | 0.56 | 198.6 |
NTC INDUSTRIES LTD | 88.84 | 1.52 | 134.7 |
Cigarettes/Tobacco Industry Benchmark (Top 10) PB Analysis vs VST INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.56x |
Max industry PB | 7.93x |
Median industry PB | 4.77x |
Average industry PB | 3.92x |
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