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Khaitan India (NSE:KHAITANLTD) PB Ratio : 1.66 (As of May. 07, 2024)


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What is Khaitan India PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-07), Khaitan India's share price is ₹64.35. Khaitan India's Book Value per Share for the quarter that ended in Dec. 2023 was ₹38.80. Hence, Khaitan India's PB Ratio of today is 1.66.

The historical rank and industry rank for Khaitan India's PB Ratio or its related term are showing as below:

NSE:KHAITANLTD' s PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.38   Max: 1.85
Current: 1.64

During the past 13 years, Khaitan India's highest PB Ratio was 1.85. The lowest was 0.06. And the median was 0.38.

NSE:KHAITANLTD's PB Ratio is ranked better than
50.36% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.65 vs NSE:KHAITANLTD: 1.64

During the past 12 months, Khaitan India's average Book Value Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Khaitan India was -2.30% per year. The lowest was -20.70% per year. And the median was -7.80% per year.

Back to Basics: PB Ratio


Khaitan India PB Ratio Historical Data

The historical data trend for Khaitan India's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Khaitan India PB Ratio Chart

Khaitan India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.35 0.41 0.99 1.09

Khaitan India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.09 - 1.43 -

Competitive Comparison of Khaitan India's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Khaitan India's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Khaitan India's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Khaitan India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Khaitan India's PB Ratio falls into.



Khaitan India PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Khaitan India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=64.35/38.803
=1.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Khaitan India  (NSE:KHAITANLTD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Khaitan India PB Ratio Related Terms

Thank you for viewing the detailed overview of Khaitan India's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Khaitan India (NSE:KHAITANLTD) Business Description

Traded in Other Exchanges
Address
46 C, Jawaharlal Nehru Road, Everest House, Kolkata, WB, IND, 700001
Khaitan India Ltd is an Indian company engaged in the trading of electrical products. Its business operating segments include Electrical Goods, Sugar, and Agriculture. The firm generates maximum revenue from the Electrical Goods segment that markets Fans, Coolers, and Pumps and gets a royalty. Fans contribute to the highest business.

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