JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
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The Current P/B Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is 8.17.
Share Price | ₹1,751.5 | Apr 01,2025 |
Market Cap | ₹4,764.1 Cr | |
Book Value | ₹583.0 Cr | Mar2024 - Standalone Results |
Price/Book | 8.17x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,764.1 Cr] as on Apr 01,2025
(/) Book Value [ ₹583.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 8.17x ]
Thus, for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA , the investors are currently willing to pay '8.17 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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA !
The chart below summarizes the trend in P/B Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
PB Ratio Performance Analysis for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.72x.
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's operated at median p/b ratio of 6.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/b ratio peaked in Mar2021 at 9.97x.
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/b ratio hit its five-year low in Mar2023 of 4.2x.
How does JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/B Ratio benchmark against top 10 peers in Air Conditioners Industry?
Peer Comparison (Air Conditioners Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA | 582.97 | 8.17 | 4,764.1 |
VOLTAS LTD | 5,820.50 | 7.68 | 44,727.3 |
BLUE STAR LTD | 2,610.08 | 16.40 | 42,814.1 |
AMBER ENTERPRISES INDIA LTD | 2,003.92 | 11.60 | 23,246.1 |
EPACK DURABLE LTD | 889.67 | 4.06 | 3,610.3 |
Air Conditioners Industry Benchmark (Top 10) PB Analysis vs JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.06x |
Max industry PB | 16.40x |
Median industry PB | 8.17x |
Average industry PB | 9.58x |
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