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Commercial Syn Bags (BOM:539986) PB Ratio : 2.07 (As of Jun. 10, 2024)


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What is Commercial Syn Bags 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 (2024-06-10), Commercial Syn Bags's share price is ₹66.75. Commercial Syn Bags's Book Value per Share for the quarter that ended in Mar. 2024 was ₹32.22. Hence, Commercial Syn Bags's PB Ratio of today is 2.07.

The historical rank and industry rank for Commercial Syn Bags's PB Ratio or its related term are showing as below:

BOM:539986' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.51   Max: 4.52
Current: 2.07

During the past 13 years, Commercial Syn Bags's highest PB Ratio was 4.52. The lowest was 0.65. And the median was 1.51.

BOM:539986's PB Ratio is ranked worse than
73.94% of 376 companies
in the Packaging & Containers industry
Industry Median: 1.28 vs BOM:539986: 2.07

During the past 12 months, Commercial Syn Bags's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Commercial Syn Bags was 53.80% per year. The lowest was 13.20% per year. And the median was 18.50% per year.

Back to Basics: PB Ratio


Commercial Syn Bags PB Ratio Historical Data

The historical data trend for Commercial Syn Bags'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.

Commercial Syn Bags PB Ratio Chart

Commercial Syn Bags 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 0.74 1.64 3.04 2.82 1.95

Commercial Syn Bags 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 2.82 - 1.77 - 1.95

Competitive Comparison of Commercial Syn Bags's PB Ratio

For the Packaging & Containers subindustry, Commercial Syn Bags'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.


Commercial Syn Bags's PB Ratio Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Commercial Syn Bags's PB Ratio falls into.



Commercial Syn Bags 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.

Commercial Syn Bags's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=66.75/32.223
=2.07

* 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.


Commercial Syn Bags  (BOM:539986) 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.


Commercial Syn Bags PB Ratio Related Terms

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


Commercial Syn Bags (BOM:539986) Business Description

Traded in Other Exchanges
Address
M.Y.H. Road, Commercial House, 3-4, Jaora Compound, Indore, MP, IND, 452001
Commercial Syn Bags Ltd is engaged in the business of manufacturing and sale of Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE) and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Container Bags, Pond Liners, Mulch Films, Tarpaulin, and Flexible Packaging. The company's operating segment includes Manufacturing and Trading. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.

Commercial Syn Bags (BOM:539986) Headlines

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