BAJAJ AUTO
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The Current P/B Ratio of BAJAJ AUTO is 8.47.
Share Price | ₹8,756.4 | Jan 30,2025 |
Market Cap | ₹244,564.9 Cr | |
Book Value | ₹28,859.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.47x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BAJAJ AUTO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹244,564.9 Cr] as on Jan 30,2025
(/) Book Value [ ₹28,859.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.47x ]
Thus, for BAJAJ AUTO , the investors are currently willing to pay '8.47 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 BAJAJ AUTO !
The chart below summarizes the trend in P/B Ratio of BAJAJ AUTO over the last five years.
Historical PB (Price/Book ) ratio chart of BAJAJ AUTO
PB Ratio Performance Analysis for BAJAJ AUTO
- BAJAJ AUTO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.55x.
- BAJAJ AUTO 's operated at median p/b ratio of 3.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/b ratio peaked in Mar2024 at 8.85x.
- BAJAJ AUTO 's p/b ratio hit its five-year low in Mar2020 of 2.71x.
How does BAJAJ AUTO 's P/B Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BAJAJ AUTO | 28,859.80 | 8.47 | 244,564.9 |
EICHER MOTORS LTD | 17,968.40 | 7.88 | 141,629.0 |
TVS MOTOR COMPANY LTD | 6,783.51 | 17.21 | 116,731.0 |
HERO MOTOCORP LTD | 17,653.30 | 4.74 | 83,605.8 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 101.26 | 8.49 | 859.3 |
ATUL AUTO LTD | 419.85 | 3.30 | 1,387.6 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs BAJAJ AUTO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.30x |
Max industry PB | 17.21x |
Median industry PB | 8.47x |
Average industry PB | 8.35x |
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