EIMCO ELECON (INDIA)
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The Current P/B Ratio of EIMCO ELECON (INDIA) is 2.68.
Share Price | ₹1,784.8 | Apr 22,2025 |
Market Cap | ₹1,035.2 Cr | |
Book Value | ₹386.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.68x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of EIMCO ELECON (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,035.2 Cr] as on Apr 22,2025
(/) Book Value [ ₹386.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.68x ]
Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay '2.68 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 EIMCO ELECON (INDIA) !
The chart below summarizes the trend in P/B Ratio of EIMCO ELECON (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of EIMCO ELECON (INDIA)
PB Ratio Performance Analysis for EIMCO ELECON (INDIA)
- EIMCO ELECON (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.87x.
- EIMCO ELECON (INDIA) 's operated at median p/b ratio of 0.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/b ratio peaked in Mar2024 at 2.27x.
- EIMCO ELECON (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.35x.
How does EIMCO ELECON (INDIA) '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 |
---|---|---|---|
EIMCO ELECON (INDIA) | 386.17 | 2.68 | 1,035.2 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.25 | 79,512.9 |
THERMAX LTD | 4,433.83 | 9.26 | 41,069.6 |
JYOTI CNC AUTOMATION LTD | 1,364.63 | 18.17 | 24,794.8 |
TRIVENI TURBINE LTD | 959.07 | 16.89 | 16,202.2 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 8.07 | 13,879.1 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.16 | 11,491.5 |
PRAJ INDUSTRIES LTD | 1,274.47 | 7.62 | 9,715.4 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 4.12 | 10,961.0 |
TEGA INDUSTRIES LTD | 1,191.80 | 7.88 | 9,387.8 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.36 | 8,389.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs EIMCO ELECON (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.68x |
Max industry PB | 18.17x |
Median industry PB | 7.62x |
Average industry PB | 8.13x |
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