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JASH ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of JASH ENGINEERING is 10.33.

Share Price ₹573.0Jan 29,2025
Market Cap ₹3,587.0 Cr
Book Value₹347.1 CrMar2024 - Consolidated Results
Price/Book 10.33xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JASH ENGINEERING

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 JASH ENGINEERING is calculated as :

Current Market Cap [ ₹3,587.0 Cr] as on Jan 29,2025

(/) Book Value [ ₹347.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 10.33x ]

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

Thus, for JASH ENGINEERING , the investors are currently willing to pay '10.33 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 JASH ENGINEERING !

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

Historical PB (Price/Book ) ratio chart of JASH ENGINEERING


PB Ratio Performance Analysis for JASH ENGINEERING

- JASH ENGINEERING 's latest p/b ratio is 10.33x.

- JASH ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.40x.

- JASH ENGINEERING 's operated at median p/b ratio of 3.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JASH ENGINEERING 's p/b ratio peaked in Mar2024 at 6.04x.

- JASH ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 0.92x.


How does JASH ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
JASH ENGINEERING 347.0910.333,587.0
BHARAT ELECTRONICS LTD16,326.5011.96195,317.0
BHARAT HEAVY ELECTRICALS LTD24,438.702.8569,606.5
THERMAX LTD4,433.8310.1044,785.5
TRIVENI TURBINE LTD959.0720.6919,845.1
KIRLOSKAR OIL ENGINES LTD2,660.154.7212,559.3
ELECON ENGINEERING COMPANY LTD1,604.037.2411,612.7
PRAJ INDUSTRIES LTD1,274.479.5312,144.5
SHRIRAM PISTONS & RINGS LTD1,925.674.578,808.6
KIRLOSKAR BROTHERS LTD1,718.958.3114,277.3
TEGA INDUSTRIES LTD1,191.808.279,854.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs JASH ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.85x
Max industry PB 20.69x
Median industry PB 8.31x
Average industry PB 8.96x



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