DIXON TECHNOLOGIES (INDIA)
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The Current P/B Ratio of DIXON TECHNOLOGIES (INDIA) is 55.20.
Share Price | ₹15,345.8 | Nov 22,2024 |
Market Cap | ₹92,535.2 Cr | |
Book Value | ₹1,676.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 55.20x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of DIXON TECHNOLOGIES (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹92,535.2 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,676.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 55.20x ]
Thus, for DIXON TECHNOLOGIES (INDIA) , the investors are currently willing to pay '55.20 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 DIXON TECHNOLOGIES (INDIA) !
The chart below summarizes the trend in P/B Ratio of DIXON TECHNOLOGIES (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of DIXON TECHNOLOGIES (INDIA)
PB Ratio Performance Analysis for DIXON TECHNOLOGIES (INDIA)
- DIXON TECHNOLOGIES (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.65x.
- DIXON TECHNOLOGIES (INDIA) 's operated at median p/b ratio of 25.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DIXON TECHNOLOGIES (INDIA) 's p/b ratio peaked in Mar2021 at 29.49x.
- DIXON TECHNOLOGIES (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 7.7x.
How does DIXON TECHNOLOGIES (INDIA) 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?
Peer Comparison (Consumer Durables - Electronics Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DIXON TECHNOLOGIES (INDIA) | 1,676.39 | 55.20 | 92,535.2 |
HONEYWELL AUTOMATION INDIA LTD | 3,589.60 | 10.11 | 36,275.4 |
WONDER ELECTRICALS LTD | 87.87 | 19.57 | 1,720.0 |
MIRC ELECTRONICS LTD | 128.44 | 3.50 | 449.2 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PB Analysis vs DIXON TECHNOLOGIES (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.50x |
Max industry PB | 55.20x |
Median industry PB | 19.57x |
Average industry PB | 22.09x |
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