IGARASHI MOTORS INDIA
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The Current P/B Ratio of IGARASHI MOTORS INDIA is 5.39.
Share Price | ₹765.0 | Nov 26,2024 |
Market Cap | ₹2,409.8 Cr | |
Book Value | ₹447.0 Cr | Mar2024 - Standalone Results |
Price/Book | 5.39x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of IGARASHI MOTORS INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,409.8 Cr] as on Nov 26,2024
(/) Book Value [ ₹447.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.39x ]
Thus, for IGARASHI MOTORS INDIA , the investors are currently willing to pay '5.39 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 IGARASHI MOTORS INDIA !
The chart below summarizes the trend in P/B Ratio of IGARASHI MOTORS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of IGARASHI MOTORS INDIA
PB Ratio Performance Analysis for IGARASHI MOTORS INDIA
- IGARASHI MOTORS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.28x.
- IGARASHI MOTORS INDIA 's operated at median p/b ratio of 2.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IGARASHI MOTORS INDIA 's p/b ratio peaked in Mar2024 at 2.89x.
- IGARASHI MOTORS INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.42x.
How does IGARASHI MOTORS INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
IGARASHI MOTORS INDIA | 446.99 | 5.39 | 2,409.8 |
SIEMENS LTD | 13,087.10 | 19.72 | 258,041.0 |
ABB INDIA LTD | 5,944.53 | 26.13 | 155,311.0 |
HAVELLS INDIA LTD | 7,440.20 | 14.42 | 107,304.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 37.48 | 112,301.0 |
SUZLON ENERGY LTD | 3,891.17 | 22.29 | 86,728.8 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 38.42 | 52,245.8 |
APAR INDUSTRIES LTD | 3,876.44 | 10.09 | 39,106.7 |
GE T&D INDIA LTD | 1,242.94 | 37.51 | 46,622.2 |
INOX WIND LTD | 1,697.35 | 14.15 | 24,015.9 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 67.87 | 19,191.7 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs IGARASHI MOTORS INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 5.39x |
Max industry PB | 67.87x |
Median industry PB | 22.29x |
Average industry PB | 26.68x |
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