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IKIO LIGHTING
PB (Price/Book ) Ratio

The Current P/B Ratio of IKIO LIGHTING is 3.95.

Share Price ₹282.4Oct 17,2024
Market Cap ₹2,183.0 Cr
Book Value₹552.8 CrMar2024 - Consolidated Results
Price/Book 3.95xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of IKIO LIGHTING

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 IKIO LIGHTING is calculated as :

Current Market Cap [ ₹2,183.0 Cr] as on Oct 17,2024

(/) Book Value [ ₹552.8 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.95x ]

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

Thus, for IKIO LIGHTING , the investors are currently willing to pay '3.95 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 IKIO LIGHTING !

The chart below summarizes the trend in P/B Ratio of IKIO LIGHTING over the last five years.

Historical PB (Price/Book ) ratio chart of IKIO LIGHTING


PB Ratio Performance Analysis for IKIO LIGHTING

- IKIO LIGHTING 's latest p/b ratio is 3.95x.

- IKIO LIGHTING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.78x.

- IKIO LIGHTING 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IKIO LIGHTING 's p/b ratio peaked in Mar2024 at 3.92x.

- IKIO LIGHTING 's p/b ratio hit its five-year low in Mar2023 of 0x.


How does IKIO LIGHTING 's P/B Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Book ValuePB RatioMarket Cap
IKIO LIGHTING 552.813.952,183.0
KAYNES TECHNOLOGY INDIA LTD2,485.6114.3835,742.3
SYRMA SGS TECHNOLOGY LTD1,612.614.477,211.7
AVALON TECHNOLOGIES LTD546.906.963,804.2
DCX SYSTEMS LTD1,126.253.093,477.5
APOLLO MICRO SYSTEMS LTD507.305.993,037.3
CENTUM ELECTRONICS LTD199.6811.862,368.3
WEBSOL ENERGY SYSTEM LTD107.7246.975,059.3
SWELECT ENERGY SYSTEMS LTD839.122.051,716.4
KERNEX MICROSYSTEMS (INDIA) LTD106.6112.131,293.6
ICE MAKE REFRIGERATION LTD104.1912.731,326.6

Electronics - Components Industry Benchmark (Top 10) PB Analysis vs IKIO LIGHTING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.05x
Max industry PB 46.97x
Median industry PB 6.96x
Average industry PB 11.32x



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