HIND RECTIFIERS
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The Current P/B Ratio of HIND RECTIFIERS is 15.50.
Share Price | ₹1,117.3 | Jan 29,2025 |
Market Cap | ₹1,921.8 Cr | |
Book Value | ₹124.0 Cr | Mar2024 - Standalone Results |
Price/Book | 15.50x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HIND RECTIFIERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,921.8 Cr] as on Jan 29,2025
(/) Book Value [ ₹124.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 15.50x ]
Thus, for HIND RECTIFIERS , the investors are currently willing to pay '15.50 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 HIND RECTIFIERS !
The chart below summarizes the trend in P/B Ratio of HIND RECTIFIERS over the last five years.
Historical PB (Price/Book ) ratio chart of HIND RECTIFIERS
PB Ratio Performance Analysis for HIND RECTIFIERS
- HIND RECTIFIERS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.64x.
- HIND RECTIFIERS 's operated at median p/b ratio of 2.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/b ratio peaked in Mar2024 at 8.32x.
- HIND RECTIFIERS 's p/b ratio hit its five-year low in Mar2021 of 1.98x.
How does HIND RECTIFIERS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HIND RECTIFIERS | 123.97 | 15.50 | 1,921.8 |
SIEMENS LTD | 15,356.70 | 13.50 | 207,365.0 |
ABB INDIA LTD | 5,944.53 | 21.79 | 129,504.0 |
HAVELLS INDIA LTD | 7,440.20 | 12.88 | 95,850.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 31.92 | 95,628.0 |
SUZLON ENERGY LTD | 3,891.17 | 18.51 | 72,006.9 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 31.58 | 42,939.6 |
APAR INDUSTRIES LTD | 3,876.44 | 7.53 | 29,190.3 |
GE T&D INDIA LTD | 1,242.94 | 33.84 | 42,063.3 |
INOX WIND LTD | 1,697.35 | 12.41 | 21,069.3 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 55.76 | 15,768.9 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs HIND RECTIFIERS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 7.53x |
Max industry PB | 55.76x |
Median industry PB | 18.51x |
Average industry PB | 23.20x |
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