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Prestige Estates Projects (BOM:533274) PB Ratio : 5.48 (As of May. 11, 2024)


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What is Prestige Estates Projects 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), Prestige Estates Projects's share price is ₹1507.75. Prestige Estates Projects's Book Value per Share for the quarter that ended in Dec. 2023 was ₹275.22. Hence, Prestige Estates Projects's PB Ratio of today is 5.48.

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

BOM:533274' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.05   Max: 5.73
Current: 5.73

During the past 13 years, Prestige Estates Projects's highest PB Ratio was 5.73. The lowest was 1.04. And the median was 2.05.

BOM:533274's PB Ratio is ranked worse than
94.75% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs BOM:533274: 5.73

During the past 12 months, Prestige Estates Projects's average Book Value Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Prestige Estates Projects was 72.30% per year. The lowest was 0.60% per year. And the median was 16.50% per year.

Back to Basics: PB Ratio


Prestige Estates Projects PB Ratio Historical Data

The historical data trend for Prestige Estates Projects'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.

Prestige Estates Projects PB Ratio Chart

Prestige Estates Projects 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 2.23 1.26 1.53 2.18 1.62

Prestige Estates Projects 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 - 2.19 -

Competitive Comparison of Prestige Estates Projects's PB Ratio

For the Real Estate - Diversified subindustry, Prestige Estates Projects'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.


Prestige Estates Projects's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prestige Estates Projects's PB Ratio distribution charts can be found below:

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



Prestige Estates Projects 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1507.75/275.222
=5.48

* 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.


Prestige Estates Projects  (BOM:533274) 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.


Prestige Estates Projects PB Ratio Related Terms

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


Prestige Estates Projects (BOM:533274) Business Description

Traded in Other Exchanges
Address
No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025
Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

Prestige Estates Projects (BOM:533274) Headlines

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