Kalyan Jewellers India Ltd
NSE:KALYANKJIL
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (9.8), the stock would be worth ₹510.09 (24% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.9 | ₹412.55 |
0%
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| 3-Year Average | 9.8 | ₹510.09 |
+24%
|
| 5-Year Average | 6.5 | ₹339.39 |
-18%
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| Industry Average | 2.4 | ₹125.39 |
-70%
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| Country Average | 3.3 | ₹169.17 |
-59%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Kalyan Jewellers India Ltd
NSE:KALYANKJIL
|
425.8B INR | 7.9 | 37.5 | |
| FR |
|
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
|
222.6B EUR | 3.3 | 20.4 | |
| FR |
|
Hermes International SCA
PAR:RMS
|
168.5B EUR | 9 | 37.5 | |
| KR |
|
SBW
KRX:102280
|
235.5T KRW | 2 461.2 | -117 637.1 | |
| CH |
|
Compagnie Financiere Richemont SA
SIX:CFR
|
85.8B CHF | 4.3 | 23.4 | |
| FR |
|
EssilorLuxottica SA
PAR:EL
|
83.7B EUR | 2.1 | 36 | |
| FR |
|
Christian Dior SE
PAR:CDI
|
76.1B EUR | 3.1 | 16.8 | |
| IN |
|
Titan Company Ltd
NSE:TITAN
|
3.9T INR | 30.4 | 81.7 | |
| FR |
|
Kering SA
PAR:KER
|
28.5B EUR | 1.9 | 395.5 | |
| DE |
|
Adidas AG
XETRA:ADS
|
26.7B EUR | 4.6 | 19.9 | |
| CN |
|
ANTA Sports Products Ltd
HKEX:2020
|
232.7B HKD | 3.1 | 14.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 2.1 |
| Median | 3.3 |
| 70th Percentile | 5.5 |
| Max | 4 699.1 |
Other Multiples
Kalyan Jewellers India Ltd
Glance View
Kalyan Jewellers India Ltd., a prominent player in the Indian jewelry retail industry, has built its reputation on a foundation of trust, transparency, and a client-first approach. This family-owned business, which was founded by T.S. Kalyanaraman in 1993 in Thrissur, Kerala, has grown exponentially over the decades. Initially a modest operation, Kalyan Jewellers has expanded its footprint across India with an extensive network of showrooms, reaching both urban and semi-urban markets. The brand is known for its wide range of meticulously crafted jewelry that caters to diverse tastes and occasions, from weddings to casual wear, thereby marrying traditional designs with contemporary styles to appeal to a broad demographic. This strategic focus on consumer needs and local tastes has been a significant factor in their sustained growth, making them a household name across the subcontinent. The company primarily generates revenue through its extensive line of gold, diamond, and other precious jewelry collections, along with branded and unbranded jewelry offerings. This diversified product line, coupled with an innovative approach to marketing—often leveraging high-profile brand ambassadors—facilitates a strong connection with customers. Kalyan Jewellers positions itself as a trustworthy brand by emphasizing high-quality products and transparent pricing policies, which include detailed breakups of costs, something relatively novel in the jewelry industry. Additionally, the company has ventured into e-commerce, complementing its physical stores and tapping into the growing online retail market, thereby enhancing its accessibility and reach. This blend of traditional charm with modern innovation enables Kalyan Jewellers to maintain robust sales and expand its market share both domestically and internationally.