INOX GREEN ENERGY SERVICES
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The Current P/B Ratio of INOX GREEN ENERGY SERVICES is 3.91.
Share Price | ₹143.4 | Nov 22,2024 |
Market Cap | ₹5,262.8 Cr | |
Book Value | ₹1,345.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.91x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INOX GREEN ENERGY SERVICES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
INOX GREEN ENERGY SERVICES | 1,345.03 | 3.91 | 5,262.8 |
RITES LTD | 2,609.01 | 5.07 | 13,226.2 |
ENGINEERS INDIA LTD | 2,255.31 | 4.51 | 10,167.3 |
MTAR TECHNOLOGIES LTD | 676.33 | 7.96 | 5,384.6 |
KENNAMETAL INDIA LTD | 732.30 | 9.18 | 6,718.9 |
THEJO ENGINEERING LTD | 248.62 | 9.07 | 2,255.1 |
DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.40 | 1,970.8 |
PITTI ENGINEERING LTD | 416.22 | 11.45 | 4,767.0 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.24 | 3,229.1 |
LOKESH MACHINES LTD | 186.87 | 3.49 | 652.4 |
PRITIKA AUTO INDUSTRIES LTD | 208.89 | 1.85 | 386.3 |
Engineering Industry Benchmark (Top 10) PB Analysis vs INOX GREEN ENERGY SERVICES 's P/B Ratio
Top 10 Industry Peers | PB 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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