Agarwal Float Glass India (NSE:AGARWALFT) PB Ratio : 2.56 (As of Jun. 24, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Agarwal Float Glass India 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 (2024-06-24), Agarwal Float Glass India's share price is ₹56.95. Agarwal Float Glass India's Book Value per Share for the quarter that ended in Sep. 2023 was ₹22.26. Hence, Agarwal Float Glass India's PB Ratio of today is 2.56.

The historical rank and industry rank for Agarwal Float Glass India's PB Ratio or its related term are showing as below:

NSE:AGARWALFT' s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.42 Max: 3.46
Current: 2.56

During the past 4 years, Agarwal Float Glass India's highest PB Ratio was 3.46. The lowest was 1.57. And the median was 2.42.

NSE:AGARWALFT's PB Ratio is ranked worse than
77.86% of 384 companies
in the Building Materials industry
Industry Median: 1.2 vs NSE:AGARWALFT: 2.56

During the past 12 months, Agarwal Float Glass India's average Book Value Per Share Growth Rate was 170.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Agarwal Float Glass India was 28.30% per year. The lowest was 28.30% per year. And the median was 28.30% per year.

Back to Basics: PB Ratio

Agarwal Float Glass India PB Ratio Historical Data

The historical data trend for Agarwal Float Glass India'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.

Agarwal Float Glass India PB Ratio Chart

Agarwal Float Glass India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

PB Ratio

1.76

Agarwal Float Glass India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	-	1.76	1.89

Competitive Comparison of Agarwal Float Glass India's PB Ratio

For the Building Materials subindustry, Agarwal Float Glass India'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.

Agarwal Float Glass India's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Agarwal Float Glass India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Agarwal Float Glass India's PB Ratio falls into.

Agarwal Float Glass India 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.

Agarwal Float Glass India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	56.95	/	22.263
	=	2.56

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Agarwal Float Glass India (NSE:AGARWALFT) 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.

Agarwal Float Glass India PB Ratio Related Terms

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

Agarwal Float Glass India (NSE:AGARWALFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Agarwal Float Glass India Ltd (NSE:AGARWALFT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

H-1/790, Sitapura Industrial Area Ext., Near Fire Bridge Office, Jaipur, RJ, IND, 302022

Website

https://www.agarwalfloat.com

Agarwal Float Glass India Ltd is engaged in the business of trading of glass and specialized glass products. The company procures quality products from manufacturers and thereafter sells the same through the sales managers or directly to customers, as a wholesaler of glass and glass products. The products are utilized in varied areas like office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, and many others as per suitability. The product portfolio ranges between clear glass, different kinds of value-added glass products and processed glass products, of varying thicknesses.

Agarwal Float Glass India (NSE:AGARWALFT) Headlines

No Headlines