GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TTK Prestige Ltd (NSE:TTKPRESTIG) » Definitions » PB Ratio

TTK Prestige (NSE:TTKPRESTIG) PB Ratio : 4.96 (As of May. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is TTK Prestige 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 (2024-05-27), TTK Prestige's share price is ₹701.75. TTK Prestige's Book Value per Share for the quarter that ended in Dec. 2023 was ₹141.42. Hence, TTK Prestige's PB Ratio of today is 4.96.

Good Sign:

TTK Prestige Ltd stock PB Ratio (=4.95) is close to 10-year low of 4.75

The historical rank and industry rank for TTK Prestige's PB Ratio or its related term are showing as below:

NSE:TTKPRESTIG' s PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 6.88   Max: 10.11
Current: 4.95

During the past 13 years, TTK Prestige's highest PB Ratio was 10.11. The lowest was 4.75. And the median was 6.88.

NSE:TTKPRESTIG's PB Ratio is ranked worse than
89.64% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.65 vs NSE:TTKPRESTIG: 4.95

During the past 12 months, TTK Prestige's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TTK Prestige was 49.90% per year. The lowest was 13.40% per year. And the median was 19.40% per year.

Back to Basics: PB Ratio


TTK Prestige PB Ratio Historical Data

The historical data trend for TTK Prestige'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.

TTK Prestige PB Ratio Chart

TTK Prestige 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 8.65 5.16 6.68 6.63 5.00

TTK Prestige 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 - 5.00 - 5.54 -

Competitive Comparison of TTK Prestige's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, TTK Prestige'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.


TTK Prestige's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TTK Prestige's PB Ratio distribution charts can be found below:

* The bar in red indicates where TTK Prestige's PB Ratio falls into.



TTK Prestige 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.

TTK Prestige's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=701.75/141.418
=4.96

* 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.


TTK Prestige  (NSE:TTKPRESTIG) 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.


TTK Prestige PB Ratio Related Terms

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


TTK Prestige (NSE:TTKPRESTIG) Business Description

Traded in Other Exchanges
Address
1/1 & 1/2 Nagarjuna Castle, Wood Street, Richmond Town, Bengaluru, KA, IND, 560025
TTK Prestige Ltd is an Indian company that sells a variety of kitchen appliances and products. Although it primarily operates and manufactures its products in India, the company also exports its products to the U.S., Europe, South Africa, Kenya, Australia, Singapore, the Middle East, and Sri Lanka. Its kitchen appliances are divided into the Pressure Cookers group, Cookware group, Kitchen group, and Gas Stoves group among others. The majority of the company's revenue is derived from its operations in India. Despite traditionally selling pressure cookers, the company has shifted its model to be a complete kitchen solution provider. The core brands of the company include Prestige, Prestige Smart Kitchen, and others.

TTK Prestige (NSE:TTKPRESTIG) Headlines

No Headlines