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BAJAJ ELECTRICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of BAJAJ ELECTRICALS is 6.26.

Share Price ₹767.6Nov 29,2024
Market Cap ₹8,849.9 Cr
Book Value₹1,414.2 CrMar2024 - Consolidated Results
Price/Book 6.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BAJAJ ELECTRICALS

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 BAJAJ ELECTRICALS is calculated as :

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 ]

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

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 latest p/b ratio is 6.26x.

- 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 ValuePB RatioMarket Cap
BAJAJ ELECTRICALS 1,414.206.268,849.9
CROMPTON GREAVES CONSUMER ELECTRICALS LTD2,923.809.0226,369.3
WHIRLPOOL OF INDIA LTD3,606.066.5123,464.9
TTK PRESTIGE LTD2,087.335.5511,575.7
EUREKA FORBES LTD4,191.162.8211,839.0
SYMPHONY LTD749.0112.269,184.1
IFB INDUSTRIES LTD717.619.496,807.8
BOROSIL LTD575.079.525,477.0
PG ELECTROPLAST LTD1,019.9518.5718,935.8
ORIENT ELECTRIC LTD636.387.865,004.5
HAWKINS COOKERS LTD333.4813.504,501.2

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs BAJAJ ELECTRICALS 's P/B Ratio

Top 10 Industry PeersPB 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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