Proventus Agrocom (NSE:PROV) PB Ratio : 2.75 (As of May. 17, 2024)

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What is Proventus Agrocom 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 (2024-05-17), Proventus Agrocom's share price is ₹940.00. Proventus Agrocom's Book Value per Share for the quarter that ended in Sep. 2023 was ₹341.55. Hence, Proventus Agrocom's PB Ratio of today is 2.75.

Good Sign:

Proventus Agrocom Ltd stock PB Ratio (=2.85) is close to 1-year low of 2.85

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

NSE:PROV' s PB Ratio Range Over the Past 10 Years
Min: 2.85 Med: 6.58 Max: 7.91
Current: 2.85

During the past 3 years, Proventus Agrocom's highest PB Ratio was 7.91. The lowest was 2.85. And the median was 6.58.

NSE:PROV's PB Ratio is ranked worse than
74.47% of 1802 companies
in the Consumer Packaged Goods industry
Industry Median: 1.54 vs NSE:PROV: 2.85

During the past 12 months, Proventus Agrocom's average Book Value Per Share Growth Rate was 126.90% per year.

Back to Basics: PB Ratio

Proventus Agrocom PB Ratio Historical Data

The historical data trend for Proventus Agrocom'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.

Proventus Agrocom PB Ratio Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

PB Ratio

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
PB Ratio	-	-	-	2.66

Competitive Comparison of Proventus Agrocom's PB Ratio

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proventus Agrocom's PB Ratio distribution charts can be found below:

* The bar in red indicates where Proventus Agrocom's PB Ratio falls into.

Proventus Agrocom 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.

Proventus Agrocom's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	940.00	/	341.551
	=	2.75

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Proventus Agrocom (NSE:PROV) 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.

Proventus Agrocom PB Ratio Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.