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ESAB INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ESAB INDIA is 30.05.

Share Price ₹5,973.1Nov 12,2024
Market Cap ₹9,198.6 Cr
Book Value₹306.1 CrMar2024 - Standalone Results
Price/Book 30.05xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ESAB 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 ESAB INDIA is calculated as :

Current Market Cap [ ₹9,198.6 Cr] as on Nov 12,2024

(/) Book Value [ ₹306.1 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 30.05x ]

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

Thus, for ESAB INDIA , the investors are currently willing to pay '30.05 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 latest p/b ratio is 30.05x.

- 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 ValuePB RatioMarket Cap
ESAB INDIA 306.0630.059,198.6
GRAPHITE INDIA LTD5,610.771.749,744.4
HEG LTD4,425.941.818,021.1
ADOR WELDING LTD362.385.772,091.8
DE NORA INDIA LTD119.695.29632.8
ADOR FONTECH LTD126.573.94498.8
GEE LTD131.303.26428.2
PANASONIC CARBON INDIA COMPANY LTD156.801.84287.9

Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs ESAB INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.74x
Max industry PB 30.05x
Median industry PB 3.94x
Average industry PB 6.71x



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