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ENDURANCE TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of ENDURANCE TECHNOLOGIES is 6.27.

Share Price ₹2,217.7May 31,2024
Market Cap ₹31,202.3 Cr
Book Value₹4,977.4 CrMar2024 - Consolidated Results
Price/Book 6.27xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ENDURANCE TECHNOLOGIES

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 ENDURANCE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹31,202.3 Cr] as on May 31,2024

(/) Book Value [ ₹4,977.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 6.27x ]

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

Thus, for ENDURANCE TECHNOLOGIES , the investors are currently willing to pay '6.27 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 ENDURANCE TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of ENDURANCE TECHNOLOGIES


PB Ratio Performance Analysis for ENDURANCE TECHNOLOGIES

- ENDURANCE TECHNOLOGIES 's latest p/b ratio is 6.27x.

- ENDURANCE TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.56x.

- ENDURANCE TECHNOLOGIES 's operated at median p/b ratio of 3.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENDURANCE TECHNOLOGIES 's p/b ratio peaked in Mar2019 at 6.36x.

- ENDURANCE TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 2.81x.


How does ENDURANCE TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
ENDURANCE TECHNOLOGIES 4,977.446.2731,202.3
BOSCH LTD12,056.907.4389,586.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD26,154.903.92102,459.0
SONA BLW PRECISION FORGINGS LTD2,650.3314.4038,155.1
UNO MINDA LTD4,942.779.8848,844.3
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,790.3211.8433,042.8
JBM AUTO LTD1,167.6721.1724,723.7
TVS HOLDINGS LTD2,840.078.2023,284.2
MINDA CORPORATION LTD1,980.665.1310,169.2
CRAFTSMAN AUTOMATION LTD1,657.985.408,951.9
MAHARASHTRA SCOOTERS LTD27,016.700.338,835.1

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ENDURANCE TECHNOLOGIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.33x
Max industry PB 21.17x
Median industry PB 7.43x
Average industry PB 8.54x



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