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Apt Packaging (BOM:506979) PB Ratio : (As of Jun. 22, 2024)


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What is Apt Packaging 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 (2024-06-22), Apt Packaging's share price is ₹33.60. Apt Packaging's Book Value per Share for the quarter that ended in Mar. 2024 was ₹-9.53. Hence, Apt Packaging's PB Ratio of today is .

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

During the past 8 years, Apt Packaging's highest PB Ratio was 8.53. The lowest was 8.53. And the median was 8.53.

BOM:506979's PB Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.27
* Ranked among companies with meaningful PB Ratio only.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Apt Packaging was 26.90% per year. The lowest was 3.40% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio


Apt Packaging PB Ratio Historical Data

The historical data trend for Apt Packaging'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.

Apt Packaging PB Ratio Chart

Apt Packaging Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial - 8.45 - - -

Apt Packaging Quarterly Data
Mar17 Mar18 Mar19 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 - - - - -

Competitive Comparison of Apt Packaging's PB Ratio

For the Packaging & Containers subindustry, Apt Packaging'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.


Apt Packaging's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Apt Packaging's PB Ratio distribution charts can be found below:

* The bar in red indicates where Apt Packaging's PB Ratio falls into.



Apt Packaging 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.

Apt Packaging's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=33.60/-9.527
=

* 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.


Apt Packaging  (BOM:506979) 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.


Apt Packaging PB Ratio Related Terms

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Apt Packaging (BOM:506979) Business Description

Traded in Other Exchanges
N/A
Address
J-18 MIDC, Chikalthana, Aurangabad, MH, IND, 431210
Apt Packaging Ltd is a manufacturer of Co-extruded seamless plastic tubes in India. The company offers packaging tubes of various diameters, layers, decorations, colors, types, caps, and tamper-proof sealing. Geographically the company generates the majority of its revenue from the domestic market from the sale of co-extruded plastic tubes.

Apt Packaging (BOM:506979) Headlines

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