ASK AUTOMOTIVE
|
The Current P/B Ratio of ASK AUTOMOTIVE is 10.05.
Share Price | ₹416.3 | Nov 14,2024 |
Market Cap | ₹8,204.3 Cr | |
Book Value | ₹816.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 10.05x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ASK AUTOMOTIVE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,204.3 Cr] as on Nov 14,2024
(/) Book Value [ ₹816.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 10.05x ]
Thus, for ASK AUTOMOTIVE , the investors are currently willing to pay '10.05 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 ASK AUTOMOTIVE !
The chart below summarizes the trend in P/B Ratio of ASK AUTOMOTIVE over the last five years.
Historical PB (Price/Book ) ratio chart of ASK AUTOMOTIVE
PB Ratio Performance Analysis for ASK AUTOMOTIVE
- ASK AUTOMOTIVE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.38x.
- ASK AUTOMOTIVE 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASK AUTOMOTIVE 's p/b ratio peaked in Mar2024 at 6.88x.
- ASK AUTOMOTIVE 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does ASK AUTOMOTIVE 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASK AUTOMOTIVE | 816.74 | 10.05 | 8,204.3 |
BOSCH LTD | 12,056.90 | 8.28 | 99,816.5 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.45 | 116,416.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 15.76 | 41,512.3 |
UNO MINDA LTD | 4,913.54 | 11.65 | 57,261.4 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 9.96 | 27,786.4 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.71 | 33,407.4 |
JBM AUTO LTD | 1,167.67 | 14.75 | 17,225.7 |
TVS HOLDINGS LTD | 2,840.07 | 8.02 | 22,787.7 |
MINDA CORPORATION LTD | 1,978.90 | 5.98 | 11,826.1 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 6.75 | 11,183.3 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ASK AUTOMOTIVE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.45x |
Max industry PB | 15.76x |
Median industry PB | 8.28x |
Average industry PB | 9.31x |
You may also like the below Video Courses