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ICE MAKE REFRIGERATION
PB (Price/Book ) Ratio

The Current P/B Ratio of ICE MAKE REFRIGERATION is 11.75.

Share Price ₹775.0Nov 21,2024
Market Cap ₹1,224.5 Cr
Book Value₹104.2 CrMar2024 - Consolidated Results
Price/Book 11.75xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ICE MAKE REFRIGERATION

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 ICE MAKE REFRIGERATION is calculated as :

Current Market Cap [ ₹1,224.5 Cr] as on Nov 21,2024

(/) Book Value [ ₹104.2 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 11.75x ]

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

Thus, for ICE MAKE REFRIGERATION , the investors are currently willing to pay '11.75 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 ICE MAKE REFRIGERATION !

The chart below summarizes the trend in P/B Ratio of ICE MAKE REFRIGERATION over the last five years.

Historical PB (Price/Book ) ratio chart of ICE MAKE REFRIGERATION


PB Ratio Performance Analysis for ICE MAKE REFRIGERATION

- ICE MAKE REFRIGERATION 's latest p/b ratio is 11.75x.

- ICE MAKE REFRIGERATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.59x.

- ICE MAKE REFRIGERATION 's operated at median p/b ratio of 2.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ICE MAKE REFRIGERATION 's p/b ratio peaked in Mar2023 at 5.1x.

- ICE MAKE REFRIGERATION 's p/b ratio hit its five-year low in Mar2020 of 0.98x.


How does ICE MAKE REFRIGERATION 's P/B Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Book ValuePB RatioMarket Cap
ICE MAKE REFRIGERATION 104.1911.751,224.5
KAYNES TECHNOLOGY INDIA LTD2,485.6114.9337,106.4
SYRMA SGS TECHNOLOGY LTD1,612.615.929,544.8
AVALON TECHNOLOGIES LTD546.9010.525,752.2
DCX SYSTEMS LTD1,126.253.143,534.9
APOLLO MICRO SYSTEMS LTD507.305.562,822.8
IKIO LIGHTING LTD552.813.481,924.7
CENTUM ELECTRONICS LTD199.6810.142,024.5
WEBSOL ENERGY SYSTEM LTD107.7253.985,814.1
SWELECT ENERGY SYSTEMS LTD839.121.841,542.4
KERNEX MICROSYSTEMS (INDIA) LTD106.6115.291,630.0

Electronics - Components Industry Benchmark (Top 10) PB Analysis vs ICE MAKE REFRIGERATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.84x
Max industry PB 53.98x
Median industry PB 10.14x
Average industry PB 12.41x



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