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Airo Lam (NSE:AIROLAM) PB Ratio : 3.42 (As of May. 16, 2024)


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What is Airo Lam 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 (2024-05-16), Airo Lam's share price is ₹152.05. Airo Lam's Book Value per Share for the quarter that ended in Jun. 2023 was ₹44.46. Hence, Airo Lam's PB Ratio of today is 3.42.

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

NSE:AIROLAM' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.22   Max: 3.98
Current: 3.49

During the past 11 years, Airo Lam's highest PB Ratio was 3.98. The lowest was 1.53. And the median was 2.22.

NSE:AIROLAM's PB Ratio is ranked worse than
81.53% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.68 vs NSE:AIROLAM: 3.49

During the past 12 months, Airo Lam's average Book Value Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 22.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Airo Lam was 37.30% per year. The lowest was 12.20% per year. And the median was 13.20% per year.

Back to Basics: PB Ratio


Airo Lam PB Ratio Historical Data

The historical data trend for Airo Lam'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.

Airo Lam PB Ratio Chart

Airo Lam 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 1.33 0.54 0.82 1.83 1.53

Airo Lam Quarterly Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.61 3.09 - 1.53 2.03

Competitive Comparison of Airo Lam's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Airo Lam's PB Ratio falls into.



Airo Lam 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.

Airo Lam's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=152.05/44.456
=3.42

* 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.


Airo Lam  (NSE:AIROLAM) 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.


Airo Lam PB Ratio Related Terms

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


Airo Lam (NSE:AIROLAM) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings.

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