Home > PB Ratio > INTERNATIONAL COMBUSTION (INDIA)

INTERNATIONAL COMBUSTION (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of INTERNATIONAL COMBUSTION (INDIA) is 1.57.

Share Price ₹788.1Jan 30,2025
Market Cap ₹189.1 Cr
Book Value₹120.6 CrMar2024 - Standalone Results
Price/Book 1.57xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for INTERNATIONAL COMBUSTION (INDIA)
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of INTERNATIONAL COMBUSTION (INDIA)

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 INTERNATIONAL COMBUSTION (INDIA) is calculated as :

Current Market Cap [ ₹189.1 Cr] as on Jan 30,2025

(/) Book Value [ ₹120.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.57x ]

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

Thus, for INTERNATIONAL COMBUSTION (INDIA) , the investors are currently willing to pay '1.57 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 INTERNATIONAL COMBUSTION (INDIA) !

The chart below summarizes the trend in P/B Ratio of INTERNATIONAL COMBUSTION (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of INTERNATIONAL COMBUSTION (INDIA)


PB Ratio Performance Analysis for INTERNATIONAL COMBUSTION (INDIA)

- INTERNATIONAL COMBUSTION (INDIA) 's latest p/b ratio is 1.57x.

- INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.19x.

- INTERNATIONAL COMBUSTION (INDIA) 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio peaked in Mar2024 at 3.47x.

- INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.25x.


How does INTERNATIONAL COMBUSTION (INDIA) 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
INTERNATIONAL COMBUSTION (INDIA) 120.561.57189.1
BHARAT ELECTRONICS LTD16,326.5012.49203,870.0
BHARAT HEAVY ELECTRICALS LTD24,438.702.8068,352.9
THERMAX LTD4,433.839.8943,852.5
TRIVENI TURBINE LTD959.0721.0520,193.1
KIRLOSKAR OIL ENGINES LTD2,660.154.8112,793.7
ELECON ENGINEERING COMPANY LTD1,604.037.2611,649.7
PRAJ INDUSTRIES LTD1,274.479.1511,665.7
SHRIRAM PISTONS & RINGS LTD1,925.674.578,795.7
KIRLOSKAR BROTHERS LTD1,718.958.4714,561.6
TEGA INDUSTRIES LTD1,191.808.389,988.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs INTERNATIONAL COMBUSTION (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.57x
Max industry PB 21.05x
Median industry PB 8.38x
Average industry PB 8.22x



You may also like the below Video Courses