GG AUTOMOTIVE GEARS
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The Current P/B Ratio of GG AUTOMOTIVE GEARS is 6.22.
Share Price | ₹191.7 | Feb 25,2025 |
Market Cap | ₹182.1 Cr | |
Book Value | ₹29.3 Cr | Mar2024 - Standalone Results |
Price/Book | 6.22x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GG AUTOMOTIVE GEARS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹182.1 Cr] as on Feb 25,2025
(/) Book Value [ ₹29.3 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.22x ]
Thus, for GG AUTOMOTIVE GEARS , the investors are currently willing to pay '6.22 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 GG AUTOMOTIVE GEARS !
The chart below summarizes the trend in P/B Ratio of GG AUTOMOTIVE GEARS over the last five years.
Historical PB (Price/Book ) ratio chart of GG AUTOMOTIVE GEARS
PB Ratio Performance Analysis for GG AUTOMOTIVE GEARS
- GG AUTOMOTIVE GEARS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.00x.
- GG AUTOMOTIVE GEARS 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GG AUTOMOTIVE GEARS 's p/b ratio peaked in Mar2024 at 2.95x.
- GG AUTOMOTIVE GEARS 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does GG AUTOMOTIVE GEARS '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 |
---|---|---|---|
GG AUTOMOTIVE GEARS | 29.26 | 6.22 | 182.1 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 2.67 | 65,219.1 |
THERMAX LTD | 4,433.83 | 8.60 | 38,152.1 |
JYOTI CNC AUTOMATION LTD | 1,364.63 | 13.29 | 18,133.6 |
TRIVENI TURBINE LTD | 959.07 | 18.23 | 17,483.2 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 7.84 | 13,478.9 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 6.12 | 9,819.7 |
PRAJ INDUSTRIES LTD | 1,274.47 | 7.34 | 9,358.8 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 3.16 | 8,393.3 |
TEGA INDUSTRIES LTD | 1,191.80 | 7.35 | 8,761.1 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.34 | 8,363.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs GG AUTOMOTIVE GEARS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.67x |
Max industry PB | 18.23x |
Median industry PB | 7.34x |
Average industry PB | 7.74x |
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