FORBES & COMPANY
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The Current P/B Ratio of FORBES & COMPANY is 7.84.
Share Price | ₹477.3 | Dec 24,2024 |
Market Cap | ₹615.7 Cr | |
Book Value | ₹78.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.84x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of FORBES & COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹615.7 Cr] as on Dec 24,2024
(/) Book Value [ ₹78.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.84x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '7.84 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 FORBES & COMPANY !
The chart below summarizes the trend in P/B Ratio of FORBES & COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of FORBES & COMPANY
PB Ratio Performance Analysis for FORBES & COMPANY
- FORBES & COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -1.83x.
- FORBES & COMPANY 's operated at median p/b ratio of 4.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FORBES & COMPANY 's p/b ratio peaked in Mar2024 at 7.1x.
- FORBES & COMPANY 's p/b ratio hit its five-year low in Mar2021 of -15.77x.
How does FORBES & COMPANY 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
FORBES & COMPANY | 78.53 | 7.84 | 615.7 |
BHARAT ELECTRONICS LTD | 16,326.50 | 13.09 | 213,774.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.41 | 83,308.4 |
THERMAX LTD | 4,433.83 | 11.93 | 52,905.4 |
TRIVENI TURBINE LTD | 959.07 | 24.43 | 23,425.9 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.53 | 14,712.4 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.78 | 14,085.6 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.75 | 14,976.2 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.71 | 9,060.4 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 9.19 | 15,802.0 |
TEGA INDUSTRIES LTD | 1,191.80 | 8.86 | 10,558.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs FORBES & COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.41x |
Max industry PB | 24.43x |
Median industry PB | 8.86x |
Average industry PB | 9.96x |
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