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ELGI EQUIPMENTS
PB (Price/Book ) Ratio

The Current P/B Ratio of ELGI EQUIPMENTS is 11.03.

Share Price ₹559.5Nov 22,2024
Market Cap ₹17,730.6 Cr
Book Value₹1,608.1 CrMar2024 - Consolidated Results
Price/Book 11.03xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ELGI EQUIPMENTS

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 ELGI EQUIPMENTS is calculated as :

Current Market Cap [ ₹17,730.6 Cr] as on Nov 22,2024

(/) Book Value [ ₹1,608.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 11.03x ]

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

Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay '11.03 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 ELGI EQUIPMENTS !

The chart below summarizes the trend in P/B Ratio of ELGI EQUIPMENTS over the last five years.

Historical PB (Price/Book ) ratio chart of ELGI EQUIPMENTS


PB Ratio Performance Analysis for ELGI EQUIPMENTS

- ELGI EQUIPMENTS 's latest p/b ratio is 11.03x.

- ELGI EQUIPMENTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.97x.

- ELGI EQUIPMENTS 's operated at median p/b ratio of 8.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/b ratio peaked in Mar2024 at 11.85x.

- ELGI EQUIPMENTS 's p/b ratio hit its five-year low in Mar2020 of 2.31x.


How does ELGI EQUIPMENTS 's P/B Ratio benchmark against top 10 peers in Compressors / Pumps Industry?

Peer Comparison (Compressors / Pumps Industry)Book ValuePB RatioMarket Cap
ELGI EQUIPMENTS 1,608.0511.0317,730.6
KSB LTD1,247.8411.1313,887.5
INGERSOLLRAND (INDIA) LTD578.1124.0913,929.5
DYNAMATIC TECHNOLOGIES LTD667.747.354,906.4
KIRLOSKAR PNEUMATIC COMPANY LTD920.2011.1610,268.9
WPIL LTD1,245.914.685,830.0
SHAKTI PUMPS (INDIA) LTD755.6912.529,461.0
ROTO PUMPS LTD194.947.771,514.5

Compressors / Pumps Industry Benchmark (Top 10) PB Analysis vs ELGI EQUIPMENTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.68x
Max industry PB 24.09x
Median industry PB 11.13x
Average industry PB 11.22x



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