BAJAJ ELECTRICALS
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The Current P/B Ratio of BAJAJ ELECTRICALS is 6.26.
Share Price | ₹767.6 | Nov 29,2024 |
Market Cap | ₹8,849.9 Cr | |
Book Value | ₹1,414.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.26x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BAJAJ ELECTRICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,849.9 Cr] as on Nov 29,2024
(/) Book Value [ ₹1,414.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.26x ]
Thus, for BAJAJ ELECTRICALS , the investors are currently willing to pay '6.26 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 ELECTRICALS !
The chart below summarizes the trend in P/B Ratio of BAJAJ ELECTRICALS over the last five years.
Historical PB (Price/Book ) ratio chart of BAJAJ ELECTRICALS
PB Ratio Performance Analysis for BAJAJ ELECTRICALS
- BAJAJ ELECTRICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.08x.
- BAJAJ ELECTRICALS 's operated at median p/b ratio of 7.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ ELECTRICALS 's p/b ratio peaked in Mar2024 at 7.38x.
- BAJAJ ELECTRICALS 's p/b ratio hit its five-year low in Mar2020 of 2.28x.
How does BAJAJ ELECTRICALS 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BAJAJ ELECTRICALS | 1,414.20 | 6.26 | 8,849.9 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,923.80 | 9.02 | 26,369.3 |
WHIRLPOOL OF INDIA LTD | 3,606.06 | 6.51 | 23,464.9 |
TTK PRESTIGE LTD | 2,087.33 | 5.55 | 11,575.7 |
EUREKA FORBES LTD | 4,191.16 | 2.82 | 11,839.0 |
SYMPHONY LTD | 749.01 | 12.26 | 9,184.1 |
IFB INDUSTRIES LTD | 717.61 | 9.49 | 6,807.8 |
BOROSIL LTD | 575.07 | 9.52 | 5,477.0 |
PG ELECTROPLAST LTD | 1,019.95 | 18.57 | 18,935.8 |
ORIENT ELECTRIC LTD | 636.38 | 7.86 | 5,004.5 |
HAWKINS COOKERS LTD | 333.48 | 13.50 | 4,501.2 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs BAJAJ ELECTRICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.82x |
Max industry PB | 18.57x |
Median industry PB | 9.02x |
Average industry PB | 9.21x |
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