ABB INDIA
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The Current P/B Ratio of ABB INDIA is 21.37.
Share Price | ₹5,996.4 | Jan 28,2025 |
Market Cap | ₹127,062.7 Cr | |
Book Value | ₹5,944.5 Cr | Dec2023 - Standalone Results |
Price/Book | 21.37x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ABB INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹127,062.7 Cr] as on Jan 28,2025
(/) Book Value [ ₹5,944.5 Cr] based on Dec2023 - Standalone Results
(=) P/B Ratio [ 21.37x ]
Thus, for ABB INDIA , the investors are currently willing to pay '21.37 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 ABB INDIA !
The chart below summarizes the trend in P/B Ratio of ABB INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of ABB INDIA
PB Ratio Performance Analysis for ABB INDIA
- ABB INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 10.95x.
- ABB INDIA 's operated at median p/b ratio of 11.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ABB INDIA 's p/b ratio peaked in Dec2023 at 16.66x.
- ABB INDIA 's p/b ratio hit its five-year low in Dec2020 of 7.12x.
How does ABB INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ABB INDIA | 5,944.53 | 21.37 | 127,062.7 |
SIEMENS LTD | 15,356.70 | 13.17 | 202,310.0 |
HAVELLS INDIA LTD | 7,440.20 | 12.57 | 93,542.8 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 29.33 | 87,884.5 |
SUZLON ENERGY LTD | 3,891.17 | 17.62 | 68,581.3 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 29.97 | 40,749.3 |
APAR INDUSTRIES LTD | 3,876.44 | 7.44 | 28,830.4 |
GE T&D INDIA LTD | 1,242.94 | 32.73 | 40,679.4 |
INOX WIND LTD | 1,697.35 | 10.36 | 17,588.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 53.61 | 15,160.4 |
VGUARD INDUSTRIES LTD | 1,779.54 | 8.65 | 15,390.5 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs ABB INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 7.44x |
Max industry PB | 53.61x |
Median industry PB | 17.62x |
Average industry PB | 21.53x |
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