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AKAR AUTO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of AKAR AUTO INDUSTRIES is 3.06.

Share Price ₹112.2Sep 06,2024
Market Cap ₹121.1 Cr
Book Value₹39.6 CrMar2023 - Standalone Results
Price/Book 3.06xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AKAR AUTO INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of AKAR AUTO INDUSTRIES is calculated as :

Current Market Cap [ ₹121.1 Cr] as on Sep 06,2024

(/) Book Value [ ₹39.6 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.06x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for AKAR AUTO INDUSTRIES , the investors are currently willing to pay '3.06 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 AKAR AUTO INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of AKAR AUTO INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of AKAR AUTO INDUSTRIES


PB Ratio Performance Analysis for AKAR AUTO INDUSTRIES

- AKAR AUTO INDUSTRIES 's latest p/b ratio is 3.06x.

- AKAR AUTO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.27x.

- AKAR AUTO INDUSTRIES 's operated at median p/b ratio of 1.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKAR AUTO INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.9x.

- AKAR AUTO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.59x.


How does AKAR AUTO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
AKAR AUTO INDUSTRIES 39.573.06121.1
BOSCH LTD12,056.907.9295,465.5
SAMVARDHANA MOTHERSON INTERNATIONAL LTD26,154.904.86127,227.0
SONA BLW PRECISION FORGINGS LTD2,634.8215.9942,141.0
UNO MINDA LTD4,913.5412.8763,215.4
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,790.3210.8330,207.1
ENDURANCE TECHNOLOGIES LTD4,977.447.1335,478.7
JBM AUTO LTD1,167.6719.2822,517.8
TVS HOLDINGS LTD2,840.0710.0928,664.9
MINDA CORPORATION LTD1,978.906.6513,160.1
CRAFTSMAN AUTOMATION LTD1,657.989.0314,969.6

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs AKAR AUTO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.06x
Max industry PB 19.28x
Median industry PB 9.03x
Average industry PB 9.79x



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