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EVEREADY INDUSTRIES INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of EVEREADY INDUSTRIES INDIA is 8.51.

Share Price ₹452.9Sep 06,2024
Market Cap ₹3,292.6 Cr
Book Value₹386.7 CrMar2024 - Consolidated Results
Price/Book 8.51xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of EVEREADY INDUSTRIES 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 EVEREADY INDUSTRIES INDIA is calculated as :

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 ]

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

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 latest p/b ratio is 8.51x.

- 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 ValuePB RatioMarket Cap
EVEREADY INDUSTRIES INDIA 386.718.513,292.6
EXIDE INDUSTRIES LTD12,886.303.1941,055.0
AMARA RAJA ENERGY & MOBILITY LTD6,798.733.8225,953.9
HBL POWER SYSTEMS LTD1,220.5413.8916,953.2
HIGH ENERGY BATTERIES (INDIA) LTD87.717.23634.0
INDONATIONAL LTD236.181.84435.5
PANASONIC ENERGY INDIA COMPANY LTD102.773.66376.5

Batteries Industry Benchmark (Top 10) PB Analysis vs EVEREADY INDUSTRIES INDIA 's P/B Ratio

Top 10 Industry PeersPB 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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