INTERNATIONAL CONVEYORS
|
The Current P/B Ratio of INTERNATIONAL CONVEYORS is 2.02.
Share Price | ₹86.4 | Dec 03,2024 |
Market Cap | ₹548.0 Cr | |
Book Value | ₹271.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.02x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INTERNATIONAL CONVEYORS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹548.0 Cr] as on Dec 03,2024
(/) Book Value [ ₹271.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.02x ]
Thus, for INTERNATIONAL CONVEYORS , the investors are currently willing to pay '2.02 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 CONVEYORS !
The chart below summarizes the trend in P/B Ratio of INTERNATIONAL CONVEYORS over the last five years.
Historical PB (Price/Book ) ratio chart of INTERNATIONAL CONVEYORS
PB Ratio Performance Analysis for INTERNATIONAL CONVEYORS
- INTERNATIONAL CONVEYORS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.79x.
- INTERNATIONAL CONVEYORS 's operated at median p/b ratio of 1.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INTERNATIONAL CONVEYORS 's p/b ratio peaked in Mar2022 at 2.62x.
- INTERNATIONAL CONVEYORS 's p/b ratio hit its five-year low in Mar2020 of 1.12x.
How does INTERNATIONAL CONVEYORS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INTERNATIONAL CONVEYORS | 271.84 | 2.02 | 548.0 |
BHARAT ELECTRONICS LTD | 16,326.50 | 13.97 | 228,065.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.60 | 87,869.9 |
THERMAX LTD | 4,433.83 | 12.96 | 57,447.6 |
TRIVENI TURBINE LTD | 959.07 | 24.52 | 23,511.8 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 6.11 | 16,246.1 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.72 | 13,983.5 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.85 | 15,105.8 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.92 | 9,469.6 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 10.87 | 18,686.9 |
TEGA INDUSTRIES LTD | 1,191.80 | 9.53 | 11,355.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs INTERNATIONAL CONVEYORS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.02x |
Max industry PB | 24.52x |
Median industry PB | 9.53x |
Average industry PB | 9.91x |
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