FORBES & COMPANY
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The Current P/B Ratio of FORBES & COMPANY is 1.97.
| Share Price | ₹335.0 | Apr 24,2026 |
| Market Cap | ₹432.1 Cr | |
| Book Value | ₹219.5 Cr | Mar2025 - Consolidated Results |
| Price/Book | 1.97x | Calculated as MarketCap/Book Value |
|---|---|---|
| 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 [ ₹432.1 Cr] as on Apr 24,2026
(/) Book Value [ ₹219.5 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 1.97x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '1.97 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 Mar2025 to Mar2021 averaged 0.76x.
- 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 | 219.48 | 1.97 | 432.1 |
| BHARAT HEAVY ELECTRICALS LTD | 24,722.20 | 4.75 | 117,467.0 |
| THERMAX LTD | 4,930.92 | 9.68 | 47,748.9 |
| JYOTI CNC AUTOMATION LTD | 1,686.15 | 9.94 | 16,755.4 |
| TRIVENI TURBINE LTD | 1,213.07 | 14.93 | 18,108.9 |
| KIRLOSKAR BROTHERS LTD | 2,092.85 | 6.24 | 13,052.5 |
| ELECON ENGINEERING COMPANY LTD | 2,305.85 | 4.98 | 11,491.5 |
| PRAJ INDUSTRIES LTD | 1,380.93 | 5.31 | 7,326.8 |
| KIRLOSKAR OIL ENGINES LTD | 3,065.27 | 7.56 | 23,181.8 |
| TEGA INDUSTRIES LTD | 1,396.69 | 9.05 | 12,633.8 |
| SHRIRAM PISTONS & RINGS LTD | 2,393.66 | 6.41 | 15,336.8 |
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 | 1.97x |
| Max industry PB | 14.93x |
| Median industry PB | 6.41x |
| Average industry PB | 7.35x |
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