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WELSPUN ENTERPRISES
PB (Price/Book ) Ratio

The Current P/B Ratio of WELSPUN ENTERPRISES is 1.79.

Share Price ₹305.0Mar 28,2024
Market Cap ₹4,220.5 Cr
Book Value₹2,352.9 CrMar2023 - Consolidated Results
Price/Book 1.79xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of WELSPUN ENTERPRISES

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 WELSPUN ENTERPRISES is calculated as :

Current Market Cap [ ₹4,220.5 Cr] as on Mar 28,2024

(/) Book Value [ ₹2,352.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.79x ]

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

Thus, for WELSPUN ENTERPRISES , the investors are currently willing to pay '1.79 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 WELSPUN ENTERPRISES !

The chart below summarizes the trend in P/B Ratio of WELSPUN ENTERPRISES over the last five years.

Historical PB (Price/Book ) ratio chart of WELSPUN ENTERPRISES


PB Ratio Performance Analysis for WELSPUN ENTERPRISES

- WELSPUN ENTERPRISES 's latest p/b ratio is 1.79x.

- WELSPUN ENTERPRISES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.77x.

- WELSPUN ENTERPRISES 's operated at median p/b ratio of 0.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WELSPUN ENTERPRISES 's p/b ratio peaked in Mar2019 at 1.09x.

- WELSPUN ENTERPRISES 's p/b ratio hit its five-year low in Mar2020 of 0.39x.


How does WELSPUN ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
WELSPUN ENTERPRISES 2,352.901.794,220.5
DLF LTD37,687.505.90222,357.0
MACROTECH DEVELOPERS LTD12,557.308.98112,746.0
GODREJ PROPERTIES LTD9,256.956.9163,923.1
OBEROI REALTY LTD12,210.104.3953,582.2
THE PHOENIX MILLS LTD8,355.485.9349,513.4
PRESTIGE ESTATES PROJECTS LTD9,975.304.7046,898.8
BRIGADE ENTERPRISES LTD3,237.706.6821,622.7
NBCC (INDIA) LTD1,944.5011.0221,429.0
SIGNATUREGLOBAL (INDIA) LTD47.54401.7519,098.9
SOBHA LTD2,494.675.4913,698.1

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs WELSPUN ENTERPRISES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.79x
Max industry PB 401.75x
Median industry PB 5.93x
Average industry PB 42.14x



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