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INOX GREEN ENERGY SERVICES
PB (Price/Book ) Ratio

The Current P/B Ratio of INOX GREEN ENERGY SERVICES is 3.91.

Share Price ₹143.4Nov 22,2024
Market Cap ₹5,262.8 Cr
Book Value₹1,345.0 CrMar2024 - Consolidated Results
Price/Book 3.91xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INOX GREEN ENERGY SERVICES

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 INOX GREEN ENERGY SERVICES is calculated as :

Current Market Cap [ ₹5,262.8 Cr] as on Nov 22,2024

(/) Book Value [ ₹1,345.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.91x ]

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

Thus, for INOX GREEN ENERGY SERVICES , the investors are currently willing to pay '3.91 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 INOX GREEN ENERGY SERVICES !

The chart below summarizes the trend in P/B Ratio of INOX GREEN ENERGY SERVICES over the last five years.

Historical PB (Price/Book ) ratio chart of INOX GREEN ENERGY SERVICES


PB Ratio Performance Analysis for INOX GREEN ENERGY SERVICES

- INOX GREEN ENERGY SERVICES 's latest p/b ratio is 3.91x.

- INOX GREEN ENERGY SERVICES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.82x.

- INOX GREEN ENERGY SERVICES '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, INOX GREEN ENERGY SERVICES 's p/b ratio peaked in Mar2024 at 3.03x.

- INOX GREEN ENERGY SERVICES 's p/b ratio hit its five-year low in Mar2022 of 0x.


How does INOX GREEN ENERGY SERVICES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
INOX GREEN ENERGY SERVICES 1,345.033.915,262.8
RITES LTD2,609.015.0713,226.2
ENGINEERS INDIA LTD2,255.314.5110,167.3
MTAR TECHNOLOGIES LTD676.337.965,384.6
KENNAMETAL INDIA LTD732.309.186,718.9
THEJO ENGINEERING LTD248.629.072,255.1
DIVGI TORQTRANSFER SYSTEMS LTD580.343.401,970.8
PITTI ENGINEERING LTD416.2211.454,767.0
DEEP INDUSTRIES LTD1,443.252.243,229.1
LOKESH MACHINES LTD186.873.49652.4
PRITIKA AUTO INDUSTRIES LTD208.891.85386.3

Engineering Industry Benchmark (Top 10) PB Analysis vs INOX GREEN ENERGY SERVICES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.85x
Max industry PB 11.45x
Median industry PB 4.51x
Average industry PB 5.65x



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