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BEML Land Assets (BOM:543898) PB Ratio : 248.93 (As of Jun. 15, 2024)


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What is BEML Land Assets 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 (2024-06-15), BEML Land Assets's share price is ₹290.00. BEML Land Assets's Book Value per Share for the quarter that ended in Mar. 2024 was ₹1.17. Hence, BEML Land Assets's PB Ratio of today is 248.93.

The historical rank and industry rank for BEML Land Assets's PB Ratio or its related term are showing as below:

BOM:543898' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 241.65
Current: 235.58

During the past 3 years, BEML Land Assets's highest PB Ratio was 241.65. The lowest was 0.00. And the median was 0.00.

BOM:543898's PB Ratio is ranked worse than
99.6% of 494 companies
in the Diversified Financial Services industry
Industry Median: 1.845 vs BOM:543898: 235.58

Back to Basics: PB Ratio


BEML Land Assets PB Ratio Historical Data

The historical data trend for BEML Land Assets'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.

BEML Land Assets PB Ratio Chart

BEML Land Assets Annual Data
Trend Mar22 Mar23 Mar24
PB Ratio
- - 203.18

BEML Land Assets Semi-Annual Data
Mar22 Mar23 Mar24
PB Ratio - - 203.18

Competitive Comparison of BEML Land Assets's PB Ratio

For the Shell Companies subindustry, BEML Land Assets'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.


BEML Land Assets's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BEML Land Assets's PB Ratio distribution charts can be found below:

* The bar in red indicates where BEML Land Assets's PB Ratio falls into.



BEML Land Assets 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.

BEML Land Assets's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=290.00/1.165
=248.93

* 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.


BEML Land Assets  (BOM:543898) 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.


BEML Land Assets PB Ratio Related Terms

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


BEML Land Assets (BOM:543898) Business Description

Traded in Other Exchanges
Address
23/1, 4th Main, SR Nagar, Bangalore, KA, IND, 560027
BEML Land Assets Ltd is a wholyy owned subsidiary of BEML Ltt. It is engaged in manufacturing of mining and construction equipment. It offers a comprehensive and diverse range of mining machinery for both opencast and underground mines. The company produces machines such as Hydraulic Excavators, Bulldozers, wheel loaders and dozers, Dump trucks, Motors Graders, pipe layers, Tyre handler, water sprinklers and backhoe loaders.

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