ESAB INDIA
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The Current P/B Ratio of ESAB INDIA is 30.32.
Share Price | ₹6,026.0 | Nov 22,2024 |
Market Cap | ₹9,280.0 Cr | |
Book Value | ₹306.1 Cr | Mar2024 - Standalone Results |
Price/Book | 30.32x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ESAB INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,280.0 Cr] as on Nov 22,2024
(/) Book Value [ ₹306.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 30.32x ]
Thus, for ESAB INDIA , the investors are currently willing to pay '30.32 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 ESAB INDIA !
The chart below summarizes the trend in P/B Ratio of ESAB INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of ESAB INDIA
PB Ratio Performance Analysis for ESAB INDIA
- ESAB INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.40x.
- ESAB INDIA 's operated at median p/b ratio of 19.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ESAB INDIA 's p/b ratio peaked in Mar2024 at 26.44x.
- ESAB INDIA 's p/b ratio hit its five-year low in Mar2020 of 4.9x.
How does ESAB INDIA 's P/B Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ESAB INDIA | 306.06 | 30.32 | 9,280.0 |
GRAPHITE INDIA LTD | 5,610.77 | 1.64 | 9,200.2 |
HEG LTD | 4,425.94 | 1.78 | 7,865.8 |
ADOR WELDING LTD | 362.38 | 5.50 | 1,993.6 |
DE NORA INDIA LTD | 119.69 | 5.22 | 624.2 |
ADOR FONTECH LTD | 126.57 | 3.94 | 498.8 |
GEE LTD | 131.30 | 2.87 | 377.0 |
PANASONIC CARBON INDIA COMPANY LTD | 156.80 | 1.71 | 268.7 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs ESAB INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.64x |
Max industry PB | 30.32x |
Median industry PB | 3.94x |
Average industry PB | 6.62x |
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