AARON INDUSTRIES
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The Current P/B Ratio of AARON INDUSTRIES is 10.19.
Share Price | ₹347.8 | Dec 20,2024 |
Market Cap | ₹365.2 Cr | |
Book Value | ₹35.8 Cr | Mar2024 - Standalone Results |
Price/Book | 10.19x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of AARON INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹365.2 Cr] as on Dec 20,2024
(/) Book Value [ ₹35.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 10.19x ]
Thus, for AARON INDUSTRIES , the investors are currently willing to pay '10.19 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of AARON INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of AARON INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of AARON INDUSTRIES
PB Ratio Performance Analysis for AARON INDUSTRIES
- AARON INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.11x.
- AARON INDUSTRIES 's operated at median p/b ratio of 7.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AARON INDUSTRIES 's p/b ratio peaked in Mar2023 at 8.99x.
- AARON INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 2.05x.
How does AARON INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AARON INDUSTRIES | 35.84 | 10.19 | 365.2 |
RITES LTD | 2,609.01 | 5.17 | 13,485.7 |
ENGINEERS INDIA LTD | 2,255.31 | 4.58 | 10,333.2 |
MTAR TECHNOLOGIES LTD | 676.33 | 7.83 | 5,293.7 |
KENNAMETAL INDIA LTD | 732.30 | 9.57 | 7,009.6 |
INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 4.59 | 6,178.7 |
THEJO ENGINEERING LTD | 248.62 | 9.19 | 2,284.9 |
DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.41 | 1,979.3 |
PITTI ENGINEERING LTD | 416.22 | 12.25 | 5,098.5 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.57 | 3,710.4 |
LOKESH MACHINES LTD | 186.87 | 3.41 | 637.7 |
Engineering Industry Benchmark (Top 10) PB Analysis vs AARON INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.57x |
Max industry PB | 12.25x |
Median industry PB | 5.17x |
Average industry PB | 6.62x |
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