JOSTS ENGINEERING COMPANY
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The Current P/B Ratio of JOSTS ENGINEERING COMPANY is 9.14.
Share Price | ₹518.5 | Apr 04,2025 |
Market Cap | ₹518.5 Cr | |
Book Value | ₹56.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 9.14x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of JOSTS ENGINEERING COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹518.5 Cr] as on Apr 04,2025
(/) Book Value [ ₹56.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 9.14x ]
Thus, for JOSTS ENGINEERING COMPANY , the investors are currently willing to pay '9.14 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 JOSTS ENGINEERING COMPANY !
The chart below summarizes the trend in P/B Ratio of JOSTS ENGINEERING COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of JOSTS ENGINEERING COMPANY
PB Ratio Performance Analysis for JOSTS ENGINEERING COMPANY
- JOSTS ENGINEERING COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.19x.
- JOSTS ENGINEERING COMPANY 's operated at median p/b ratio of 2.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JOSTS ENGINEERING COMPANY 's p/b ratio peaked in Mar2024 at 6.39x.
- JOSTS ENGINEERING COMPANY 's p/b ratio hit its five-year low in Mar2021 of 1.74x.
How does JOSTS ENGINEERING COMPANY '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 |
---|---|---|---|
JOSTS ENGINEERING COMPANY | 56.72 | 9.14 | 518.5 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.05 | 74,655.4 |
THERMAX LTD | 4,433.83 | 9.55 | 42,333.9 |
JYOTI CNC AUTOMATION LTD | 1,364.63 | 17.04 | 23,254.0 |
TRIVENI TURBINE LTD | 959.07 | 17.19 | 16,485.1 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 7.84 | 13,481.2 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 6.08 | 9,749.1 |
PRAJ INDUSTRIES LTD | 1,274.47 | 7.35 | 9,364.4 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 3.95 | 10,495.0 |
TEGA INDUSTRIES LTD | 1,191.80 | 7.85 | 9,354.9 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.18 | 8,042.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs JOSTS ENGINEERING COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.05x |
Max industry PB | 17.19x |
Median industry PB | 7.84x |
Average industry PB | 8.47x |
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