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IRB InvIT Fund (BOM:540526) PB Ratio : 0.95 (As of Jun. 03, 2024)


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What is IRB InvIT Fund 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 (2024-06-03), IRB InvIT Fund's share price is ₹65.49. IRB InvIT Fund's Book Value per Share for the quarter that ended in Jun. 2023 was ₹69.02. Hence, IRB InvIT Fund's PB Ratio of today is 0.95.

Good Sign:

IRB InvIT Fund stock PB Ratio (=0.95) is close to 1-year low of 0.95

The historical rank and industry rank for IRB InvIT Fund's PB Ratio or its related term are showing as below:

BOM:540526' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.77   Max: 1.04
Current: 0.95

During the past 10 years, IRB InvIT Fund's highest PB Ratio was 1.04. The lowest was 0.34. And the median was 0.77.

BOM:540526's PB Ratio is ranked better than
61.36% of 1620 companies
in the Construction industry
Industry Median: 1.22 vs BOM:540526: 0.95

During the past 12 months, IRB InvIT Fund's average Book Value Per Share Growth Rate was -3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of IRB InvIT Fund was 74.90% per year. The lowest was -8.10% per year. And the median was -4.70% per year.

Back to Basics: PB Ratio


IRB InvIT Fund PB Ratio Historical Data

The historical data trend for IRB InvIT Fund'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.

IRB InvIT Fund PB Ratio Chart

IRB InvIT Fund 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 0.76 0.32 0.71 0.74 0.98

IRB InvIT Fund Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - 0.98 -

Competitive Comparison of IRB InvIT Fund's PB Ratio

For the Infrastructure Operations subindustry, IRB InvIT Fund'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.


IRB InvIT Fund's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, IRB InvIT Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where IRB InvIT Fund's PB Ratio falls into.



IRB InvIT Fund 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.

IRB InvIT Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=65.49/69.015
=0.95

* 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.


IRB InvIT Fund  (BOM:540526) 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.


IRB InvIT Fund PB Ratio Related Terms

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


IRB InvIT Fund (BOM:540526) Business Description

Traded in Other Exchanges
Address
IRB Complex, Chandivali Farm, Chandivali Village, Andheri (East), Mumbai, MH, IND, 400 072
IRB InvIT Fund is a company engaged in the ownership, operations, and maintaining a portfolio of toll-road assets. The company manages the toll-road assets in the Indian states of Maharashtra, Gujarat, Rajasthan, Karnataka, Tamil Nadu, and Punjab. Some of the projects of the company are Surat - Dahisar NH 8 Project, Tumkur to Chitradurga NH 4 Project, Bharuch - Surat NH 8 Project and many more.

IRB InvIT Fund (BOM:540526) Headlines

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