BHAGWATI AUTOCAST
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The Current P/B Ratio of BHAGWATI AUTOCAST is 3.25.
Share Price | ₹458.4 | Dec 26,2024 |
Market Cap | ₹132.9 Cr | |
Book Value | ₹40.9 Cr | Mar2024 - Standalone Results |
Price/Book | 3.25x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BHAGWATI AUTOCAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹132.9 Cr] as on Dec 26,2024
(/) Book Value [ ₹40.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.25x ]
Thus, for BHAGWATI AUTOCAST , the investors are currently willing to pay '3.25 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 BHAGWATI AUTOCAST !
The chart below summarizes the trend in P/B Ratio of BHAGWATI AUTOCAST over the last five years.
Historical PB (Price/Book ) ratio chart of BHAGWATI AUTOCAST
PB Ratio Performance Analysis for BHAGWATI AUTOCAST
- BHAGWATI AUTOCAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.93x.
- BHAGWATI AUTOCAST 's operated at median p/b ratio of 1.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHAGWATI AUTOCAST 's p/b ratio peaked in Mar2024 at 2.76x.
- BHAGWATI AUTOCAST 's p/b ratio hit its five-year low in Mar2020 of 1.21x.
How does BHAGWATI AUTOCAST 's P/B Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BHAGWATI AUTOCAST | 40.88 | 3.25 | 132.9 |
AIA ENGINEERING LTD | 6,657.74 | 4.72 | 31,398.6 |
PTC INDUSTRIES LTD | 642.19 | 28.84 | 18,519.9 |
ELECTROSTEEL CASTINGS LTD | 5,112.85 | 1.67 | 8,515.5 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 3,216.88 | 3.19 | 10,255.1 |
ALICON CASTALLOY LTD | 540.87 | 3.02 | 1,635.9 |
STEELCAST LTD | 269.62 | 6.36 | 1,714.2 |
NELCAST LTD | 519.19 | 2.06 | 1,069.2 |
UNI ABEX ALLOY PRODUCTS LTD | 113.18 | 4.91 | 556.1 |
SYNERGY GREEN INDUSTRIES LTD | 46.69 | 15.67 | 731.7 |
NITIN CASTINGS LTD | 71.70 | 4.88 | 349.6 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs BHAGWATI AUTOCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.67x |
Max industry PB | 28.84x |
Median industry PB | 4.72x |
Average industry PB | 7.14x |
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