GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Arihant Capital Markets Ltd (BOM:511605) » Definitions » PB Ratio

Arihant Capital Markets (BOM:511605) PB Ratio : 2.44 (As of May. 20, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Arihant Capital Markets 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 (2024-05-20), Arihant Capital Markets's share price is ₹65.40. Arihant Capital Markets's Book Value per Share for the quarter that ended in Dec. 2023 was ₹26.77. Hence, Arihant Capital Markets's PB Ratio of today is 2.44.

The historical rank and industry rank for Arihant Capital Markets's PB Ratio or its related term are showing as below:

BOM:511605' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.03   Max: 4.22
Current: 2.44

During the past 13 years, Arihant Capital Markets's highest PB Ratio was 4.22. The lowest was 0.37. And the median was 1.03.

BOM:511605's PB Ratio is ranked worse than
68.46% of 761 companies
in the Capital Markets industry
Industry Median: 1.31 vs BOM:511605: 2.44

During the past 12 months, Arihant Capital Markets'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 19.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arihant Capital Markets was 19.70% per year. The lowest was -6.70% per year. And the median was 13.60% per year.

Back to Basics: PB Ratio


Arihant Capital Markets PB Ratio Historical Data

The historical data trend for Arihant Capital Markets'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.

Arihant Capital Markets PB Ratio Chart

Arihant Capital Markets 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 0.93 0.40 0.81 3.61 1.57

Arihant Capital Markets 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 - 1.57 - 2.62 -

Competitive Comparison of Arihant Capital Markets's PB Ratio

For the Capital Markets subindustry, Arihant Capital Markets'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.


Arihant Capital Markets's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Arihant Capital Markets's PB Ratio distribution charts can be found below:

* The bar in red indicates where Arihant Capital Markets's PB Ratio falls into.



Arihant Capital Markets 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.

Arihant Capital Markets's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=65.40/26.767
=2.44

* 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.


Arihant Capital Markets  (BOM:511605) 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.


Arihant Capital Markets PB Ratio Related Terms

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


Arihant Capital Markets (BOM:511605) Business Description

Traded in Other Exchanges
Address
Andheri Ghatkopar Link Road, Building No. 10, 1st Floor, No. 1011, Solitaire Corporate Park, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Arihant Capital Markets Ltd is a holding company, which is engaged in the provision of financial services. The company provides products and services including equities, commodities, currency, financial planning, depository services, priority client group services (PCG), merchant banking, and investment banking services to a substantial and diversified clientele that includes individuals, corporations, and financial institutions. It also offers online and mobile trading, algorithmic trading, depository, and real estate services, as well as provides stock lending and borrowing, investment and trading Webinars, insurance, and RGESS services. Geographically, all the operations functioned through the region of India.

Arihant Capital Markets (BOM:511605) Headlines

No Headlines