KINETIC ENGINEERING
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The Current P/B Ratio of KINETIC ENGINEERING is 5.94.
Share Price | ₹160.1 | Nov 22,2024 |
Market Cap | ₹355.3 Cr | |
Book Value | ₹59.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.94x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of KINETIC ENGINEERING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹355.3 Cr] as on Nov 22,2024
(/) Book Value [ ₹59.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.94x ]
Thus, for KINETIC ENGINEERING , the investors are currently willing to pay '5.94 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 KINETIC ENGINEERING !
The chart below summarizes the trend in P/B Ratio of KINETIC ENGINEERING over the last five years.
Historical PB (Price/Book ) ratio chart of KINETIC ENGINEERING
PB Ratio Performance Analysis for KINETIC ENGINEERING
- KINETIC ENGINEERING 's p/b ratio for fiscal years ending Sep2005 to Mar2003 averaged 5.34x.
- KINETIC ENGINEERING 's operated at median p/b ratio of 0.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KINETIC ENGINEERING 's p/b ratio peaked in Mar2023 at 19.8x.
- KINETIC ENGINEERING 's p/b ratio hit its five-year low in Sep2005 of -2.97x.
How does KINETIC ENGINEERING 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
KINETIC ENGINEERING | 59.80 | 5.94 | 355.3 |
BOSCH LTD | 12,056.90 | 8.40 | 101,267.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.44 | 116,204.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 16.16 | 42,571.4 |
UNO MINDA LTD | 4,913.54 | 12.47 | 61,257.5 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 9.80 | 27,347.7 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.67 | 33,211.2 |
JBM AUTO LTD | 1,167.67 | 14.37 | 16,775.7 |
TVS HOLDINGS LTD | 2,840.07 | 8.22 | 23,342.3 |
MINDA CORPORATION LTD | 1,978.90 | 5.83 | 11,529.6 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.49 | 12,414.5 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs KINETIC ENGINEERING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.44x |
Max industry PB | 16.16x |
Median industry PB | 8.22x |
Average industry PB | 9.07x |
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