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Astra Microwave Products (BOM:532493) PB Ratio : 8.13 (As of May. 21, 2024)


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What is Astra Microwave Products 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 (2024-05-21), Astra Microwave Products's share price is ₹744.40. Astra Microwave Products's Book Value per Share for the quarter that ended in Dec. 2023 was ₹91.58. Hence, Astra Microwave Products's PB Ratio of today is 8.13.

The historical rank and industry rank for Astra Microwave Products's PB Ratio or its related term are showing as below:

BOM:532493' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.49   Max: 8.13
Current: 8.13

During the past 13 years, Astra Microwave Products's highest PB Ratio was 8.13. The lowest was 0.89. And the median was 2.49.

BOM:532493's PB Ratio is ranked worse than
95.02% of 2390 companies
in the Hardware industry
Industry Median: 1.87 vs BOM:532493: 8.13

During the past 12 months, Astra Microwave Products's average Book Value Per Share Growth Rate was 31.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Astra Microwave Products was 24.00% per year. The lowest was 3.70% per year. And the median was 11.90% per year.

Back to Basics: PB Ratio


Astra Microwave Products PB Ratio Historical Data

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products PB Ratio Chart

Astra Microwave Products 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 1.70 0.83 2.01 3.32 3.03

Astra Microwave Products 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 - 3.03 - 4.67 -

Competitive Comparison of Astra Microwave Products's PB Ratio

For the Communication Equipment subindustry, Astra Microwave Products'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.


Astra Microwave Products's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's PB Ratio distribution charts can be found below:

* The bar in red indicates where Astra Microwave Products's PB Ratio falls into.



Astra Microwave Products 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.

Astra Microwave Products's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=744.40/91.578
=8.13

* 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.


Astra Microwave Products  (BOM:532493) 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.


Astra Microwave Products PB Ratio Related Terms

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


Astra Microwave Products (BOM:532493) Business Description

Traded in Other Exchanges
Address
Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

Astra Microwave Products (BOM:532493) Headlines

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