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Diligent Industries (BOM:531153) PB Ratio : 2.81 (As of Dec. 11, 2024)


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What is Diligent Industries 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 (2024-12-11), Diligent Industries's share price is ₹4.30. Diligent Industries's Book Value per Share for the quarter that ended in Sep. 2024 was ₹1.53. Hence, Diligent Industries's PB Ratio of today is 2.81.

Good Sign:

Diligent Industries Ltd stock PB Ratio (=2.81) is close to 3-year low of 2.53

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

BOM:531153' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 3.34   Max: 17.52
Current: 2.81

During the past 13 years, Diligent Industries's highest PB Ratio was 17.52. The lowest was 0.63. And the median was 3.34.

BOM:531153's PB Ratio is ranked worse than
71.14% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 1.5 vs BOM:531153: 2.81

During the past 12 months, Diligent Industries's average Book Value Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Diligent Industries was 39.00% per year. The lowest was -29.60% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Diligent Industries PB Ratio Historical Data

The historical data trend for Diligent Industries'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.

Diligent Industries PB Ratio Chart

Diligent Industries 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 1.52 14.20 5.61 3.18

Diligent Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.78 - 3.18 - 2.94

Competitive Comparison of Diligent Industries's PB Ratio

For the Packaged Foods subindustry, Diligent Industries'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.


Diligent Industries's PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Diligent Industries's PB Ratio falls into.



Diligent Industries 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.

Diligent Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=4.30/1.531
=2.81

* 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.


Diligent Industries  (BOM:531153) 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.


Diligent Industries PB Ratio Related Terms

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


Diligent Industries Business Description

Traded in Other Exchanges
N/A
Address
Dwaraka Thirumala Road, Denduluru Village and Mandal, West Godavari, Eluru, AP, IND, 534432
Diligent Industries Ltd is engaged in the business of production/extraction of rice bran oil, Palm oil and other allied products. The firm is also engaged in the business of processing oilseeds. The company has only one operating segment which is Agriculture Products.

Diligent Industries Headlines

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