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GE VERNOVA T&D INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of GE VERNOVA T&D INDIA is 29.16.

Share Price ₹1,415.9Feb 21,2025
Market Cap ₹36,247.0 Cr
Book Value₹1,242.9 CrMar2024 - Standalone Results
Price/Book 29.16xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GE VERNOVA T&D 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 GE VERNOVA T&D INDIA is calculated as :

Current Market Cap [ ₹36,247.0 Cr] as on Feb 21,2025

(/) Book Value [ ₹1,242.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 29.16x ]

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

Thus, for GE VERNOVA T&D INDIA , the investors are currently willing to pay '29.16 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 GE VERNOVA T&D INDIA !

The chart below summarizes the trend in P/B Ratio of GE VERNOVA T&D INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of GE VERNOVA T&D INDIA


PB Ratio Performance Analysis for GE VERNOVA T&D INDIA

- GE VERNOVA T&D INDIA 's latest p/b ratio is 29.16x.

- GE VERNOVA T&D INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.39x.

- GE VERNOVA T&D INDIA 's operated at median p/b ratio of 2.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GE VERNOVA T&D INDIA 's p/b ratio peaked in Mar2024 at 17.52x.

- GE VERNOVA T&D INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.77x.


How does GE VERNOVA T&D INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
GE VERNOVA T&D INDIA 1,242.9429.1636,247.0
SIEMENS LTD15,356.7011.41175,213.0
ABB INDIA LTD7,075.4015.84112,040.0
HAVELLS INDIA LTD7,440.2012.8195,317.1
CG POWER AND INDUSTRIAL SOLUTIONS LTD2,996.1330.1090,172.7
SUZLON ENERGY LTD3,891.1719.4075,477.1
WAAREE ENERGIES LTD4,041.3016.0664,910.2
HITACHI ENERGY INDIA LTD1,359.8736.0749,045.1
APAR INDUSTRIES LTD3,876.446.6625,834.2
INOX WIND LTD1,697.3513.2822,536.1
VGUARD INDUSTRIES LTD1,779.548.4314,998.2

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs GE VERNOVA T&D INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 6.66x
Max industry PB 36.07x
Median industry PB 15.84x
Average industry PB 18.11x



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