GE VERNOVA T&D INDIA
|
The Current P/B Ratio of GE VERNOVA T&D INDIA is 29.16.
Share Price | ₹1,415.9 | Feb 21,2025 |
Market Cap | ₹36,247.0 Cr | |
Book Value | ₹1,242.9 Cr | Mar2024 - Standalone Results |
Price/Book | 29.16x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GE VERNOVA T&D INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
GE VERNOVA T&D INDIA | 1,242.94 | 29.16 | 36,247.0 |
SIEMENS LTD | 15,356.70 | 11.41 | 175,213.0 |
ABB INDIA LTD | 7,075.40 | 15.84 | 112,040.0 |
HAVELLS INDIA LTD | 7,440.20 | 12.81 | 95,317.1 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 30.10 | 90,172.7 |
SUZLON ENERGY LTD | 3,891.17 | 19.40 | 75,477.1 |
WAAREE ENERGIES LTD | 4,041.30 | 16.06 | 64,910.2 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 36.07 | 49,045.1 |
APAR INDUSTRIES LTD | 3,876.44 | 6.66 | 25,834.2 |
INOX WIND LTD | 1,697.35 | 13.28 | 22,536.1 |
VGUARD INDUSTRIES LTD | 1,779.54 | 8.43 | 14,998.2 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs GE VERNOVA T&D INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 6.66x |
Max industry PB | 36.07x |
Median industry PB | 15.84x |
Average industry PB | 18.11x |
You may also like the below Video Courses