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Ecoboard Industries (BOM:523732) PB Ratio : 3.65 (As of Apr. 26, 2024)


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What is Ecoboard Industries 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 (2024-04-26), Ecoboard Industries's share price is ₹31.85. Ecoboard Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ₹8.72. Hence, Ecoboard Industries's PB Ratio of today is 3.65.

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

BOM:523732' s PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.98   Max: 11.86
Current: 3.64

During the past 13 years, Ecoboard Industries's highest PB Ratio was 11.86. The lowest was 0.14. And the median was 1.98.

BOM:523732's PB Ratio is ranked worse than
91.2% of 284 companies
in the Forest Products industry
Industry Median: 0.925 vs BOM:523732: 3.64

During the past 12 months, Ecoboard Industries's average Book Value Per Share Growth Rate was -21.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 77.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ecoboard Industries was 77.30% per year. The lowest was -39.30% per year. And the median was -21.50% per year.

Back to Basics: PB Ratio


Ecoboard Industries PB Ratio Historical Data

The historical data trend for Ecoboard Industries'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.

Ecoboard Industries PB Ratio Chart

Ecoboard Industries 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 - 2.21 0.42 2.77 1.62

Ecoboard Industries 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 - 1.62 - 3.10 -

Competitive Comparison of Ecoboard Industries's PB Ratio

For the Lumber & Wood Production subindustry, Ecoboard Industries'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.


Ecoboard Industries's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecoboard Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ecoboard Industries's PB Ratio falls into.



Ecoboard Industries 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.

Ecoboard Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=31.85/8.716
=3.65

* 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.


Ecoboard Industries  (BOM:523732) 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.


Ecoboard Industries PB Ratio Related Terms

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


Ecoboard Industries (BOM:523732) Business Description

Traded in Other Exchanges
N/A
Address
Off Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004
Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is marketed under the brand name FORSTER which includes sustainable building materials and products, internal walls, internal ceiling, doors, structural flooring, shelves, etc. EcoEnergy includes energy from Industrial and agro-waste, wastewater treatment plants distilleries using sustainable technologies, and other industries. It operates mainly in two segments: Particle Boards and BioSystems. The Majority of its revenue is generated from the Particle Board segment.

Ecoboard Industries (BOM:523732) Headlines

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