BHARAT ELECTRONICS
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The Current P/B Ratio of BHARAT ELECTRONICS is 11.61.
Share Price | ₹259.3 | Feb 12,2025 |
Market Cap | ₹189,506.6 Cr | |
Book Value | ₹16,326.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.61x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BHARAT ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹189,506.6 Cr] as on Feb 12,2025
(/) Book Value [ ₹16,326.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 11.61x ]
Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay '11.61 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 BHARAT ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of BHARAT ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of BHARAT ELECTRONICS
PB Ratio Performance Analysis for BHARAT ELECTRONICS
- BHARAT ELECTRONICS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.58x.
- BHARAT ELECTRONICS 's operated at median p/b ratio of 4.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/b ratio peaked in Mar2024 at 9.02x.
- BHARAT ELECTRONICS 's p/b ratio hit its five-year low in Mar2020 of 1.8x.
How does BHARAT ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BHARAT ELECTRONICS | 16,326.50 | 11.61 | 189,506.6 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 2.83 | 69,223.4 |
THERMAX LTD | 4,433.83 | 8.54 | 37,868.5 |
TRIVENI TURBINE LTD | 959.07 | 19.10 | 18,319.2 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 4.08 | 10,862.5 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 6.50 | 10,427.9 |
PRAJ INDUSTRIES LTD | 1,274.47 | 8.14 | 10,372.6 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.58 | 8,812.8 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 8.34 | 14,344.4 |
TEGA INDUSTRIES LTD | 1,191.80 | 8.08 | 9,625.0 |
ION EXCHANGE (INDIA) LTD | 1,017.91 | 7.68 | 7,816.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs BHARAT ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.83x |
Max industry PB | 19.10x |
Median industry PB | 8.08x |
Average industry PB | 8.13x |
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