ZEAL AQUA
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The Current P/B Ratio of ZEAL AQUA is 1.89.
| Share Price | ₹10.6 | Apr 19,2024 |
| Market Cap | ₹133.9 Cr | |
| Book Value | ₹70.8 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.89x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ZEAL AQUA
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 [ ₹133.9 Cr] as on Apr 19,2024
(/) Book Value [ ₹70.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.89x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ZEAL AQUA , the investors are currently willing to pay '1.89 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 ZEAL AQUA !
The chart below summarizes the trend in P/B Ratio of ZEAL AQUA over the last five years.
Thus, for ZEAL AQUA , the investors are currently willing to pay '1.89 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 ZEAL AQUA !
The chart below summarizes the trend in P/B Ratio of ZEAL AQUA over the last five years.
Historical PB (Price/Book ) ratio chart of ZEAL AQUA
PB Ratio Performance Analysis for ZEAL AQUA
- ZEAL AQUA 's latest p/b ratio is 1.89x.
- ZEAL AQUA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.
- ZEAL AQUA 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZEAL AQUA 's p/b ratio peaked in Mar2019 at 2.7x.
- ZEAL AQUA 's p/b ratio hit its five-year low in Mar2020 of 1.15x.
- ZEAL AQUA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.
- ZEAL AQUA 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZEAL AQUA 's p/b ratio peaked in Mar2019 at 2.7x.
- ZEAL AQUA 's p/b ratio hit its five-year low in Mar2020 of 1.15x.
How does ZEAL AQUA 's P/B Ratio benchmark against top 10 peers in Aquaculture Industry?
| Peer Comparison (Aquaculture Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| ZEAL AQUA | 70.75 | 1.89 | 133.9 |
| APEX FROZEN FOODS LTD | 489.96 | 1.35 | 659.8 |
Aquaculture Industry Benchmark (Top 10) PB Analysis vs ZEAL AQUA 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.35x |
| Max industry PB | 1.89x |
| Median industry PB | 1.89x |
| Average industry PB | 1.62x |
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