KENNAMETAL INDIA
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The Current P/B Ratio of KENNAMETAL INDIA is 7.31.
Share Price | ₹2,431.7 | Jan 31,2025 |
Market Cap | ₹5,349.6 Cr | |
Book Value | ₹732.3 Cr | Jun2024 - Standalone Results |
Price/Book | 7.31x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of KENNAMETAL INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,349.6 Cr] as on Jan 31,2025
(/) Book Value [ ₹732.3 Cr] based on Jun2024 - Standalone Results
(=) P/B Ratio [ 7.31x ]
Thus, for KENNAMETAL INDIA , the investors are currently willing to pay '7.31 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 KENNAMETAL INDIA !
The chart below summarizes the trend in P/B Ratio of KENNAMETAL INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of KENNAMETAL INDIA
PB Ratio Performance Analysis for KENNAMETAL INDIA
- KENNAMETAL INDIA 's p/b ratio for fiscal years ending Jun2024 to Jun2020 averaged 6.49x.
- KENNAMETAL INDIA 's operated at median p/b ratio of 6.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KENNAMETAL INDIA 's p/b ratio peaked in Jun2024 at 9.92x.
- KENNAMETAL INDIA 's p/b ratio hit its five-year low in Jun2020 of 2.99x.
How does KENNAMETAL INDIA 's P/B Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
KENNAMETAL INDIA | 732.30 | 7.31 | 5,349.6 |
RITES LTD | 2,609.01 | 4.81 | 12,546.2 |
ENGINEERS INDIA LTD | 2,255.31 | 4.27 | 9,627.8 |
MTAR TECHNOLOGIES LTD | 676.33 | 7.34 | 4,965.5 |
INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 4.37 | 5,875.9 |
THEJO ENGINEERING LTD | 248.62 | 7.40 | 1,839.7 |
DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.09 | 1,794.3 |
PITTI ENGINEERING LTD | 416.22 | 10.42 | 4,337.7 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.49 | 3,599.0 |
LOKESH MACHINES LTD | 186.87 | 2.99 | 558.5 |
PRITIKA AUTO INDUSTRIES LTD | 208.89 | 1.75 | 364.7 |
Engineering Industry Benchmark (Top 10) PB Analysis vs KENNAMETAL INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.75x |
Max industry PB | 10.42x |
Median industry PB | 4.37x |
Average industry PB | 5.11x |
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