KIRLOSKAR FERROUS INDUSTRIES
|
The Current P/B Ratio of KIRLOSKAR FERROUS INDUSTRIES is 3.04.
Share Price | ₹593.9 | Nov 22,2024 |
Market Cap | ₹9,774.8 Cr | |
Book Value | ₹3,216.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.04x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of KIRLOSKAR FERROUS INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,774.8 Cr] as on Nov 22,2024
(/) Book Value [ ₹3,216.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.04x ]
Thus, for KIRLOSKAR FERROUS INDUSTRIES , the investors are currently willing to pay '3.04 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 p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 2.34x.
- KIRLOSKAR FERROUS INDUSTRIES 's operated at median p/b ratio of 2.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, KIRLOSKAR FERROUS INDUSTRIES 's p/b ratio peaked in Mar2024 at 2.78x.
- 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 Value | PB Ratio | Market Cap |
---|---|---|---|
KIRLOSKAR FERROUS INDUSTRIES | 3,216.88 | 3.04 | 9,774.8 |
AIA ENGINEERING LTD | 6,657.74 | 4.88 | 32,503.9 |
PTC INDUSTRIES LTD | 642.19 | 27.94 | 17,943.1 |
ELECTROSTEEL CASTINGS LTD | 5,112.85 | 1.75 | 8,969.9 |
ALICON CASTALLOY LTD | 540.87 | 3.36 | 1,815.9 |
STEELCAST LTD | 269.62 | 5.90 | 1,590.5 |
NELCAST LTD | 519.19 | 1.86 | 965.7 |
UNI ABEX ALLOY PRODUCTS LTD | 113.18 | 5.28 | 597.1 |
SYNERGY GREEN INDUSTRIES LTD | 46.69 | 12.93 | 603.9 |
NITIN CASTINGS LTD | 71.70 | 5.07 | 363.2 |
INVESTMENT & PRECISION CASTINGS LTD | 85.66 | 4.73 | 405.0 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs KIRLOSKAR FERROUS INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.75x |
Max industry PB | 27.94x |
Median industry PB | 4.88x |
Average industry PB | 6.98x |
You may also like the below Video Courses