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KIRLOSKAR FERROUS INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of KIRLOSKAR FERROUS INDUSTRIES is 4.22.

Share Price ₹685.8May 31,2024
Market Cap ₹9,560.1 Cr
Book Value₹2,265.5 CrMar2024 - Consolidated Results
Price/Book 4.22xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KIRLOSKAR FERROUS INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of KIRLOSKAR FERROUS INDUSTRIES is calculated as :

Current Market Cap [ ₹9,560.1 Cr] as on May 31,2024

(/) Book Value [ ₹2,265.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.22x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for KIRLOSKAR FERROUS INDUSTRIES , the investors are currently willing to pay '4.22 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 KIRLOSKAR FERROUS INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of KIRLOSKAR FERROUS INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of KIRLOSKAR FERROUS INDUSTRIES


PB Ratio Performance Analysis for KIRLOSKAR FERROUS INDUSTRIES

- KIRLOSKAR FERROUS INDUSTRIES 's latest p/b ratio is 4.22x.

- KIRLOSKAR FERROUS INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 2.40x.

- KIRLOSKAR FERROUS INDUSTRIES 's operated at median p/b ratio of 3.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, KIRLOSKAR FERROUS INDUSTRIES 's p/b ratio peaked in Mar2023 at 3.1x.

- KIRLOSKAR FERROUS INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 1.69x.


How does KIRLOSKAR FERROUS INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Book ValuePB RatioMarket Cap
KIRLOSKAR FERROUS INDUSTRIES 2,265.464.229,560.1
AIA ENGINEERING LTD6,657.745.2134,666.0
PTC INDUSTRIES LTD645.6018.7412,097.5
ELECTROSTEEL CASTINGS LTD5,112.851.959,949.7
ALICON CASTALLOY LTD487.853.551,731.7
STEELCAST LTD269.624.861,310.2
NELCAST LTD519.192.261,171.9
UNI ABEX ALLOY PRODUCTS LTD113.183.99451.9
SYNERGY GREEN INDUSTRIES LTD46.699.95464.5
NITIN CASTINGS LTD59.926.59394.6
INVESTMENT & PRECISION CASTINGS LTD85.663.50300.0

Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs KIRLOSKAR FERROUS INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.95x
Max industry PB 18.74x
Median industry PB 4.22x
Average industry PB 5.89x



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