Phoenix Mills (BOM:503100) PB Ratio : 5.78 (As of May. 11, 2024)

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What is Phoenix Mills 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 (2024-05-11), Phoenix Mills's share price is ₹2856.95. Phoenix Mills's Book Value per Share for the quarter that ended in Dec. 2023 was ₹494.27. Hence, Phoenix Mills's PB Ratio of today is 5.78.

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

BOM:503100' s PB Ratio Range Over the Past 10 Years
Min: 1.94 Med: 2.92 Max: 5.78
Current: 5.78

During the past 13 years, Phoenix Mills's highest PB Ratio was 5.78. The lowest was 1.94. And the median was 2.92.

BOM:503100's PB Ratio is ranked worse than
94.81% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs BOM:503100: 5.78

During the past 12 months, Phoenix Mills's average Book Value Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Phoenix Mills was 131.30% per year. The lowest was -32.50% per year. And the median was 11.55% per year.

Back to Basics: PB Ratio

Phoenix Mills PB Ratio Historical Data

The historical data trend for Phoenix Mills'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.

Phoenix Mills PB Ratio Chart

Phoenix Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

2.92

2.28

2.67

2.98

2.77

Phoenix Mills 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															-	2.77	-	3.67	-

Competitive Comparison of Phoenix Mills's PB Ratio

For the Real Estate - Diversified subindustry, Phoenix Mills'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.

Phoenix Mills's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Mills's PB Ratio distribution charts can be found below:

* The bar in red indicates where Phoenix Mills's PB Ratio falls into.

Phoenix Mills 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.

Phoenix Mills's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2856.95	/	494.267
	=	5.78

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.

Phoenix Mills (BOM:503100) 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.

Phoenix Mills PB Ratio Related Terms

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

Phoenix Mills (BOM:503100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Mills Ltd (BOM:503100) » Definitions » PB Ratio

Traded in Other Exchanges

PHOENIXLTD:India

Address

Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.thephoenixmills.com

Phoenix Mills Ltd is a real estate development company operating in India. The group's development strategy includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. These properties include retail, hospitality, commercial, and residential complexes. The majority of the company's revenue is derived from license fees and rental income. Its segments comprise Property and related services segment that provide mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants.

Phoenix Mills (BOM:503100) Headlines

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