ELIN ELECTRONICS
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The Current P/B Ratio of ELIN ELECTRONICS is 2.21.
Share Price | ₹224.0 | Nov 01,2024 |
Market Cap | ₹1,113.0 Cr | |
Book Value | ₹503.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.21x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ELIN ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,113.0 Cr] as on Nov 01,2024
(/) Book Value [ ₹503.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.21x ]
Thus, for ELIN ELECTRONICS , the investors are currently willing to pay '2.21 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 ELIN ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of ELIN ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of ELIN ELECTRONICS
PB Ratio Performance Analysis for ELIN ELECTRONICS
- ELIN ELECTRONICS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.49x.
- ELIN ELECTRONICS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELIN ELECTRONICS 's p/b ratio peaked in Mar2024 at 1.27x.
- ELIN ELECTRONICS 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does ELIN 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 |
---|---|---|---|
ELIN ELECTRONICS | 503.10 | 2.21 | 1,113.0 |
BHARAT ELECTRONICS LTD | 16,326.50 | 12.93 | 211,070.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.45 | 84,300.8 |
THERMAX LTD | 4,433.83 | 13.44 | 59,590.7 |
TRIVENI TURBINE LTD | 959.07 | 23.36 | 22,399.2 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 6.29 | 16,743.2 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.14 | 13,064.6 |
PRAJ INDUSTRIES LTD | 1,274.47 | 10.80 | 13,767.6 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.92 | 9,469.2 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 9.24 | 15,875.8 |
TEGA INDUSTRIES LTD | 1,191.80 | 10.70 | 12,753.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs ELIN ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.21x |
Max industry PB | 23.36x |
Median industry PB | 9.24x |
Average industry PB | 9.59x |
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