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Bikaji Foods International Ltd
NSE:BIKAJI

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Bikaji Foods International Ltd
NSE:BIKAJI
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Price: 676.7 INR -2.05%
Market Cap: ₹169.7B

P/B

11.3
Current
9%
Cheaper
vs 3-y average of 12.4

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
11.3
=
Market Cap
₹156B
/
Total Equity
₹15B

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
11.3
=
Market Cap
₹156B
/
Total Equity
₹15B

Valuation Scenarios

Bikaji Foods International Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (12.4), the stock would be worth ₹743.17 (10% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-71%
Maximum Upside
+10%
Average Downside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 11.3 ₹676.7
0%
3-Year Average 12.4 ₹743.17
+10%
5-Year Average 12.4 ₹741.91
+10%
Industry Average 3.9 ₹234.71
-65%
Country Average 3.3 ₹194.61
-71%

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
Bikaji Foods International Ltd
NSE:BIKAJI
173.1B INR 11.3 68.7
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 77 420.4 540 752.8
CH
Nestle SA
SIX:NESN
206.9B CHF 6.2 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.2B USD 3 31.9
FR
Danone SA
PAR:BN
42.4B EUR 2.5 23.3
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 2.9 12.8
US
Hershey Co
NYSE:HSY
38.4B USD 8.3 43.4
CN
Muyuan Foods Co Ltd
SZSE:002714
243.7B CNY 3.2 25.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.4B CNY 5.5 32.6
ZA
Avi Ltd
JSE:AVI
33B ZAR 5.9 12.8
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 54 79.6

Market Distribution

Higher than 89% of companies in India
Percentile
89th
Based on 2 820 companies
89th percentile
11.3
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

Bikaji Foods International Ltd
Glance View

Market Cap
169.7B INR
Industry
Food Products

Bikaji Foods International Ltd. is a fascinating story of culinary tradition meeting entrepreneurial prowess. Originating from the heart of India's desert state, Rajasthan, the company embodies the rich tapestry of Indian snacks and sweets. Founded in 1987 by Shiv Ratan Agarwal, who hails from the family that established the iconic Haldiram brand, Bikaji has carved out a niche in the ethnic food sector. The company capitalizes on a deep respect for heritage recipes while infusing innovation into its production processes. Operating out of Bikaner, the heartland of its unique flavors, Bikaji leverages state-of-the-art manufacturing facilities to maintain the authenticity of tastes that have been passed down through generations. Bikaji Foods makes money by producing and distributing a wide array of packaged snacks and sweets that cater to both traditional and modern palates. Its product portfolio spans a variety of bhujias, namkeens, papads, sweets, and other ready-to-eat offerings, designed to appeal to the diaspora's nostalgia as well as local cravings. Furthermore, the company’s presence is not limited to domestic markets; it strategically exports to various international regions. This dual-market approach helps it capture revenues from diverse consumer bases looking for authentic Indian flavors. By maintaining rigorous quality standards and an extensive distribution network, Bikaji ensures that its products are widely available, thus driving steady revenue growth and reinforcing its brand as a flagship of Indian snack culture.

BIKAJI Intrinsic Value
306.26 INR
Overvaluation 55%
Intrinsic Value
Price ₹676.7
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