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Arihant Superstructures (BOM:506194) PB Ratio : 5.38 (As of Jun. 24, 2024)


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What is Arihant Superstructures 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 (2024-06-24), Arihant Superstructures's share price is ₹344.70. Arihant Superstructures's Book Value per Share for the quarter that ended in Mar. 2024 was ₹64.04. Hence, Arihant Superstructures's PB Ratio of today is 5.38.

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

BOM:506194' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 3.24   Max: 6.94
Current: 5.38

During the past 13 years, Arihant Superstructures's highest PB Ratio was 6.94. The lowest was 0.55. And the median was 3.24.

BOM:506194's PB Ratio is ranked worse than
94.81% of 1753 companies
in the Real Estate industry
Industry Median: 0.78 vs BOM:506194: 5.38

During the past 12 months, Arihant Superstructures's average Book Value Per Share Growth Rate was 25.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arihant Superstructures was 28.90% per year. The lowest was 1.00% per year. And the median was 13.80% per year.

Back to Basics: PB Ratio


Arihant Superstructures PB Ratio Historical Data

The historical data trend for Arihant Superstructures'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 Superstructures PB Ratio Chart

Arihant Superstructures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 1.05 3.02 3.90 5.13

Arihant Superstructures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.90 - 3.26 - 5.13

Competitive Comparison of Arihant Superstructures's PB Ratio

For the Real Estate - Development subindustry, Arihant Superstructures'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 Superstructures's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arihant Superstructures's PB Ratio distribution charts can be found below:

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



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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=344.70/64.036
=5.38

* 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 Superstructures  (BOM:506194) 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 Superstructures PB Ratio Related Terms

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


Arihant Superstructures (BOM:506194) Business Description

Traded in Other Exchanges
Address
TTC Industrial Area, Thane Belapur Road, Arihant Aura, 25th Floor, B-Wing, Plot No. 13/1, Turbhe MIDC, Turbhe, Navi Mumbai, Mumbai, MH, IND, 400705
Arihant Superstructures Ltd is an India-based real estate development company. The operation of the company spans in all aspects of real estate development from the identification and acquisition of land, planning, execution, construction, and marketing of projects. Some of the projects of the company are Arihant Aloki - Karjat, Arihant Arshiya - Khopoli, Arihant Anmol - Badlapur, Arihant Amisha - Taloja, Arihant Anshula - Taloja, Arihant Anaika - Taloja and many more.

Arihant Superstructures (BOM:506194) Headlines

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