ENKEI WHEELS (INDIA)
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The Current P/B Ratio of ENKEI WHEELS (INDIA) is 4.80.
Share Price | ₹622.3 | Nov 19,2024 |
Market Cap | ₹1,120.1 Cr | |
Book Value | ₹233.2 Cr | Dec2023 - Standalone Results |
Price/Book | 4.80x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ENKEI WHEELS (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ENKEI WHEELS (INDIA) | 233.24 | 4.80 | 1,120.1 |
BOSCH LTD | 12,056.90 | 8.38 | 101,022.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.44 | 116,204.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 16.04 | 42,257.6 |
UNO MINDA LTD | 4,913.54 | 12.15 | 59,687.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 10.10 | 28,186.2 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.67 | 33,206.3 |
JBM AUTO LTD | 1,167.67 | 14.59 | 17,039.4 |
TVS HOLDINGS LTD | 2,840.07 | 8.30 | 23,577.9 |
MINDA CORPORATION LTD | 1,978.90 | 5.86 | 11,594.2 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.21 | 11,951.3 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ENKEI WHEELS (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB 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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