Home > PB Ratio > GG AUTOMOTIVE GEARS

GG AUTOMOTIVE GEARS
PB (Price/Book ) Ratio

The Current P/B Ratio of GG AUTOMOTIVE GEARS is 6.22.

Share Price ₹191.7Feb 25,2025
Market Cap ₹182.1 Cr
Book Value₹29.3 CrMar2024 - Standalone Results
Price/Book 6.22xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for GG AUTOMOTIVE GEARS
Please provide your vote to see the results
GG AUTOMOTIVE GEARS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of GG AUTOMOTIVE GEARS

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 GG AUTOMOTIVE GEARS is calculated as :

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 ]

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

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 latest p/b ratio is 6.22x.

- 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 ValuePB RatioMarket Cap
GG AUTOMOTIVE GEARS 29.266.22182.1
BHARAT HEAVY ELECTRICALS LTD24,438.702.6765,219.1
THERMAX LTD4,433.838.6038,152.1
JYOTI CNC AUTOMATION LTD1,364.6313.2918,133.6
TRIVENI TURBINE LTD959.0718.2317,483.2
KIRLOSKAR BROTHERS LTD1,718.957.8413,478.9
ELECON ENGINEERING COMPANY LTD1,604.036.129,819.7
PRAJ INDUSTRIES LTD1,274.477.349,358.8
KIRLOSKAR OIL ENGINES LTD2,660.153.168,393.3
TEGA INDUSTRIES LTD1,191.807.358,761.1
SHRIRAM PISTONS & RINGS LTD1,925.674.348,363.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs GG AUTOMOTIVE GEARS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.67x
Max industry PB 18.23x
Median industry PB 7.34x
Average industry PB 7.74x



You may also like the below Video Courses