CARE Ratings Ltd
NSE:CARERATING

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CARE Ratings Ltd
NSE:CARERATING
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Price: 1 586.8 INR 1.71% Market Closed
Market Cap: ₹47.7B

P/B

5.5
Current
23%
More Expensive
vs 3-y average of 4.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.5
=
Market Cap
₹48B
/
Total Equity
₹8.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.5
=
Market Cap
₹48B
/
Total Equity
₹8.6B

Valuation Scenarios

CARE Ratings Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (4.5), the stock would be worth ₹1 290.67 (19% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-61%
Maximum Upside
No Upside Scenarios
Average Downside
40%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.5 ₹1 586.8
0%
3-Year Average 4.5 ₹1 290.67
-19%
5-Year Average 3.4 ₹990.57
-38%
Industry Average 2.1 ₹614.66
-61%
Country Average 3.3 ₹934.45
-41%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 70% of companies in India
Percentile
70th
Based on 2 820 companies
70th percentile
5.5
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

CARE Ratings Ltd
Glance View

Market Cap
47.7B INR
Industry
Financial Services

CARE Ratings Ltd. engages in the provision of credit ratings. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2012-12-26. The firm provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. The company offers services in the area of Corporate Advisory, Project Evaluation & Monitoring, Credit Analytics, Customized Industry and Company Research, Due Diligence and Gradings. The firm also provides credible, research and analytics to corporates, financial institutions, banks, and institutional investors. The firm's grading products include Energy Service Companies (ESCO grading, Renewable Energy Service Companies (RESCOs) and System Integrators (SI). Its offerings for small and medium enterprises (SME) include SME Ratings, Bank Loan Ratings, Channel Partner Evaluation, SME Fundamental Grading and Due Diligence Service

CARERATING Intrinsic Value
1 209.31 INR
Overvaluation 24%
Intrinsic Value
Price ₹1 586.8
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