EVEREADY INDUSTRIES INDIA
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The Current P/B Ratio of EVEREADY INDUSTRIES INDIA is 8.51.
Share Price | ₹452.9 | Sep 06,2024 |
Market Cap | ₹3,292.6 Cr | |
Book Value | ₹386.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.51x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of EVEREADY INDUSTRIES INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,292.6 Cr] as on Sep 06,2024
(/) Book Value [ ₹386.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.51x ]
Thus, for EVEREADY INDUSTRIES INDIA , the investors are currently willing to pay '8.51 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 EVEREADY INDUSTRIES INDIA !
The chart below summarizes the trend in P/B Ratio of EVEREADY INDUSTRIES INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of EVEREADY INDUSTRIES INDIA
PB Ratio Performance Analysis for EVEREADY INDUSTRIES INDIA
- EVEREADY INDUSTRIES INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.99x.
- EVEREADY INDUSTRIES INDIA 's operated at median p/b ratio of 6.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EVEREADY INDUSTRIES INDIA 's p/b ratio peaked in Mar2022 at 8.39x.
- EVEREADY INDUSTRIES INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.65x.
How does EVEREADY INDUSTRIES INDIA 's P/B Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
EVEREADY INDUSTRIES INDIA | 386.71 | 8.51 | 3,292.6 |
EXIDE INDUSTRIES LTD | 12,886.30 | 3.19 | 41,055.0 |
AMARA RAJA ENERGY & MOBILITY LTD | 6,798.73 | 3.82 | 25,953.9 |
HBL POWER SYSTEMS LTD | 1,220.54 | 13.89 | 16,953.2 |
HIGH ENERGY BATTERIES (INDIA) LTD | 87.71 | 7.23 | 634.0 |
INDONATIONAL LTD | 236.18 | 1.84 | 435.5 |
PANASONIC ENERGY INDIA COMPANY LTD | 102.77 | 3.66 | 376.5 |
Batteries Industry Benchmark (Top 10) PB Analysis vs EVEREADY INDUSTRIES INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.84x |
Max industry PB | 13.89x |
Median industry PB | 3.82x |
Average industry PB | 6.02x |
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