ICE MAKE REFRIGERATION
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The Current P/B Ratio of ICE MAKE REFRIGERATION is 11.75.
Share Price | ₹775.0 | Nov 21,2024 |
Market Cap | ₹1,224.5 Cr | |
Book Value | ₹104.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.75x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ICE MAKE REFRIGERATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ICE MAKE REFRIGERATION | 104.19 | 11.75 | 1,224.5 |
KAYNES TECHNOLOGY INDIA LTD | 2,485.61 | 14.93 | 37,106.4 |
SYRMA SGS TECHNOLOGY LTD | 1,612.61 | 5.92 | 9,544.8 |
AVALON TECHNOLOGIES LTD | 546.90 | 10.52 | 5,752.2 |
DCX SYSTEMS LTD | 1,126.25 | 3.14 | 3,534.9 |
APOLLO MICRO SYSTEMS LTD | 507.30 | 5.56 | 2,822.8 |
IKIO LIGHTING LTD | 552.81 | 3.48 | 1,924.7 |
CENTUM ELECTRONICS LTD | 199.68 | 10.14 | 2,024.5 |
WEBSOL ENERGY SYSTEM LTD | 107.72 | 53.98 | 5,814.1 |
SWELECT ENERGY SYSTEMS LTD | 839.12 | 1.84 | 1,542.4 |
KERNEX MICROSYSTEMS (INDIA) LTD | 106.61 | 15.29 | 1,630.0 |
Electronics - Components Industry Benchmark (Top 10) PB Analysis vs ICE MAKE REFRIGERATION 's P/B Ratio
Top 10 Industry Peers | PB 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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