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ENKEI WHEELS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of ENKEI WHEELS (INDIA) is 4.80.

Share Price ₹622.3Nov 19,2024
Market Cap ₹1,120.1 Cr
Book Value₹233.2 CrDec2023 - Standalone Results
Price/Book 4.80xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ENKEI WHEELS (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

Applying the above formula, P/B ratio of ENKEI WHEELS (INDIA) is calculated as :

Current Market Cap [ ₹1,120.1 Cr] as on Nov 19,2024

(/) Book Value [ ₹233.2 Cr] based on Dec2023 - Standalone Results

(=) P/B Ratio [ 4.80x ]

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

Thus, for ENKEI WHEELS (INDIA) , the investors are currently willing to pay '4.80 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 ENKEI WHEELS (INDIA) !

The chart below summarizes the trend in P/B Ratio of ENKEI WHEELS (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of ENKEI WHEELS (INDIA)


PB Ratio Performance Analysis for ENKEI WHEELS (INDIA)

- ENKEI WHEELS (INDIA) 's latest p/b ratio is 4.80x.

- ENKEI WHEELS (INDIA) 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 3.48x.

- ENKEI WHEELS (INDIA) 's operated at median p/b ratio of 2.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENKEI WHEELS (INDIA) 's p/b ratio peaked in Dec2022 at 4.7x.

- ENKEI WHEELS (INDIA) 's p/b ratio hit its five-year low in Dec2020 of 2.44x.


How does ENKEI WHEELS (INDIA) 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
ENKEI WHEELS (INDIA) 233.244.801,120.1
BOSCH LTD12,056.908.38101,022.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD26,154.904.44116,204.0
SONA BLW PRECISION FORGINGS LTD2,634.8216.0442,257.6
UNO MINDA LTD4,913.5412.1559,687.2
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,790.3210.1028,186.2
ENDURANCE TECHNOLOGIES LTD4,977.446.6733,206.3
JBM AUTO LTD1,167.6714.5917,039.4
TVS HOLDINGS LTD2,840.078.3023,577.9
MINDA CORPORATION LTD1,978.905.8611,594.2
CRAFTSMAN AUTOMATION LTD1,657.987.2111,951.3

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ENKEI WHEELS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.44x
Max industry PB 16.04x
Median industry PB 8.30x
Average industry PB 8.96x



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