ENGINEERS INDIA
|
The Current P/B Ratio of ENGINEERS INDIA is 4.44.
| Share Price | ₹178.2 | Nov 21,2024 |
| Market Cap | ₹10,012.0 Cr | |
| Book Value | ₹2,255.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | 4.44x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ENGINEERS INDIA
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
Current Market Cap [ ₹10,012.0 Cr] as on Nov 21,2024
(/) Book Value [ ₹2,255.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.44x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ENGINEERS INDIA , the investors are currently willing to pay '4.44 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 ENGINEERS INDIA !
The chart below summarizes the trend in P/B Ratio of ENGINEERS INDIA over the last five years.
Thus, for ENGINEERS INDIA , the investors are currently willing to pay '4.44 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 ENGINEERS INDIA !
The chart below summarizes the trend in P/B Ratio of ENGINEERS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of ENGINEERS INDIA
PB Ratio Performance Analysis for ENGINEERS INDIA
- ENGINEERS INDIA 's latest p/b ratio is 4.44x.
- ENGINEERS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.65x.
- ENGINEERS INDIA 's operated at median p/b ratio of 2.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENGINEERS INDIA 's p/b ratio peaked in Mar2024 at 5.03x.
- ENGINEERS INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.58x.
- ENGINEERS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.65x.
- ENGINEERS INDIA 's operated at median p/b ratio of 2.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENGINEERS INDIA 's p/b ratio peaked in Mar2024 at 5.03x.
- ENGINEERS INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.58x.
How does ENGINEERS INDIA 's P/B Ratio benchmark against top 10 peers in Engineering Industry?
| Peer Comparison (Engineering Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| ENGINEERS INDIA | 2,255.31 | 4.44 | 10,012.0 |
| RITES LTD | 2,609.01 | 5.04 | 13,161.3 |
| MTAR TECHNOLOGIES LTD | 676.33 | 7.99 | 5,400.6 |
| KENNAMETAL INDIA LTD | 732.30 | 8.97 | 6,568.8 |
| INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 3.88 | 5,217.1 |
| THEJO ENGINEERING LTD | 248.62 | 8.91 | 2,214.2 |
| DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.44 | 1,996.0 |
| PITTI ENGINEERING LTD | 416.22 | 11.06 | 4,605.1 |
| DEEP INDUSTRIES LTD | 1,443.25 | 2.18 | 3,147.2 |
| LOKESH MACHINES LTD | 186.87 | 3.51 | 655.6 |
| PRITIKA AUTO INDUSTRIES LTD | 208.89 | 1.87 | 391.3 |
Engineering Industry Benchmark (Top 10) PB Analysis vs ENGINEERS INDIA 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.87x |
| Max industry PB | 11.06x |
| Median industry PB | 4.44x |
| Average industry PB | 5.57x |
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