ELGI EQUIPMENTS
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The Current P/B Ratio of ELGI EQUIPMENTS is 11.03.
Share Price | ₹559.5 | Nov 22,2024 |
Market Cap | ₹17,730.6 Cr | |
Book Value | ₹1,608.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.03x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ELGI EQUIPMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ELGI EQUIPMENTS | 1,608.05 | 11.03 | 17,730.6 |
KSB LTD | 1,247.84 | 11.13 | 13,887.5 |
INGERSOLLRAND (INDIA) LTD | 578.11 | 24.09 | 13,929.5 |
DYNAMATIC TECHNOLOGIES LTD | 667.74 | 7.35 | 4,906.4 |
KIRLOSKAR PNEUMATIC COMPANY LTD | 920.20 | 11.16 | 10,268.9 |
WPIL LTD | 1,245.91 | 4.68 | 5,830.0 |
SHAKTI PUMPS (INDIA) LTD | 755.69 | 12.52 | 9,461.0 |
ROTO PUMPS LTD | 194.94 | 7.77 | 1,514.5 |
Compressors / Pumps Industry Benchmark (Top 10) PB Analysis vs ELGI EQUIPMENTS 's P/B Ratio
Top 10 Industry Peers | PB 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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