JTEKT INDIA
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The Current P/B Ratio of JTEKT INDIA is 5.14.
Share Price | ₹142.0 | Feb 12,2025 |
Market Cap | ₹3,611.1 Cr | |
Book Value | ₹702.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.14x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JTEKT INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,611.1 Cr] as on Feb 12,2025
(/) Book Value [ ₹702.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.14x ]
Thus, for JTEKT INDIA , the investors are currently willing to pay '5.14 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 JTEKT INDIA !
The chart below summarizes the trend in P/B Ratio of JTEKT INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of JTEKT INDIA
PB Ratio Performance Analysis for JTEKT INDIA
- JTEKT INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.22x.
- JTEKT INDIA 's operated at median p/b ratio of 3.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JTEKT INDIA 's p/b ratio peaked in Mar2019 at 4.53x.
- JTEKT INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.65x.
How does JTEKT INDIA 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JTEKT INDIA | 702.77 | 5.14 | 3,611.1 |
BOSCH LTD | 12,056.90 | 6.69 | 80,663.8 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 3.49 | 91,331.1 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 12.15 | 32,018.5 |
UNO MINDA LTD | 4,913.54 | 11.06 | 54,356.1 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 7.37 | 20,566.4 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 5.41 | 26,927.8 |
JBM AUTO LTD | 1,167.67 | 12.77 | 14,912.2 |
TVS HOLDINGS LTD | 2,840.07 | 6.28 | 17,848.2 |
MINDA CORPORATION LTD | 1,978.90 | 6.40 | 12,658.1 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 5.74 | 9,519.1 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs JTEKT INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.49x |
Max industry PB | 12.77x |
Median industry PB | 6.40x |
Average industry PB | 7.50x |
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