Mazagon Dock Shipbuilders Ltd
NSE:MAZDOCK

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Mazagon Dock Shipbuilders Ltd
NSE:MAZDOCK
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Price: 2 679.2 INR -0.54% Market Closed
Market Cap: ₹1.1T

P/B

12.1
Current
12%
More Expensive
vs 3-y average of 10.8

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
12.1
=
Market Cap
₹902.1B
/
Total Equity
₹89.1B

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
12.1
=
Market Cap
₹902.1B
/
Total Equity
₹89.1B

Valuation Scenarios

Mazagon Dock Shipbuilders Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (10.8), the stock would be worth ₹2 394.72 (11% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
45%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 12.1 ₹2 679.2
0%
3-Year Average 10.8 ₹2 394.72
-11%
5-Year Average 3.8 ₹841.75
-69%
Industry Average 8.6 ₹1 903.61
-29%
Country Average 3.3 ₹717.98
-73%

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 Cap P/B P/E
IN
Mazagon Dock Shipbuilders Ltd
NSE:MAZDOCK
1.1T INR 12.1 44.9
US
RTX Corp
LSE:0R2N
233.6B USD 3.5 32.2
US
Raytheon Technologies Corp
NYSE:RTX
234.7B USD 3.5 32.3
US
Boeing Co
NYSE:BA
183.1B USD 30.6 95.2
NL
Airbus SE
PAR:AIR
130.6B EUR 5 25
FR
Safran SA
PAR:SAF
112.8B EUR 7.6 15.7
UK
Rolls-Royce Holdings PLC
LSE:RR
95.4B GBP 35 16.3
US
Lockheed Martin Corp
NYSE:LMT
117.6B USD 15.7 24.5
US
Howmet Aerospace Inc
NYSE:HWM
97.4B USD 18.2 64.7
US
General Dynamics Corp
NYSE:GD
84.7B USD 3.3 20.1
US
Northrop Grumman Corp
NYSE:NOC
81.7B USD 4.8 17.9

Market Distribution

Higher than 91% of companies in India
Percentile
91th
Based on 2 820 companies
91th percentile
12.1
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

Mazagon Dock Shipbuilders Ltd
Glance View

Nestled along the bustling coastline of Mumbai, Mazagon Dock Shipbuilders Ltd. (MDL) has established itself as a formidable titan in India's shipbuilding industry. With roots tracing back to the 18th century, MDL has evolved from a small repair yard to a robust public sector company that plays a critical role in India's defense and commercial maritime sectors. The company specializes in building high-profile naval ships, submarines, and offshore platforms, instrumental for India's maritime security and exploration initiatives. This deep alignment with national defense and commercial shipping ensures MDL remains central to critical industrial and strategic needs. At the heart of MDL’s operations lies its prowess in engineering and project management, where it converts intricate designs into formidable vessels. The company primarily earns its revenue through long-term contracts with the Indian Navy and international clients, bringing in substantial value by delivering state-of-the-art destroyers and frigates, advanced submarines, and sophisticated support vessels. Furthermore, its diversification into modular shipbuilding and repair services ensures a steady income stream, fostering resilience against cyclical downturns in shipbuilding demand. By continually upgrading its technological capabilities and nurturing a skilled workforce, MDL not only strengthens its financial foundations but also fortifies its standing as a strategic asset in India's maritime ambitions.

MAZDOCK Intrinsic Value
1 387.41 INR
Overvaluation 48%
Intrinsic Value
Price ₹2 679.2
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