MARINE ELECTRICALS (INDIA)
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The Current P/B Ratio of MARINE ELECTRICALS (INDIA) is 15.20.
Share Price | ₹276.4 | Dec 26,2024 |
Market Cap | ₹3,811.6 Cr | |
Book Value | ₹250.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 15.20x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MARINE ELECTRICALS (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,811.6 Cr] as on Dec 26,2024
(/) Book Value [ ₹250.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 15.20x ]
Thus, for MARINE ELECTRICALS (INDIA) , the investors are currently willing to pay '15.20 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 MARINE ELECTRICALS (INDIA) !
The chart below summarizes the trend in P/B Ratio of MARINE ELECTRICALS (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of MARINE ELECTRICALS (INDIA)
PB Ratio Performance Analysis for MARINE ELECTRICALS (INDIA)
- MARINE ELECTRICALS (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.12x.
- MARINE ELECTRICALS (INDIA) 's operated at median p/b ratio of 2.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MARINE ELECTRICALS (INDIA) 's p/b ratio peaked in Mar2021 at 4.95x.
- MARINE ELECTRICALS (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.47x.
How does MARINE ELECTRICALS (INDIA) 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MARINE ELECTRICALS (INDIA) | 250.69 | 15.20 | 3,811.6 |
BHARAT ELECTRONICS LTD | 16,326.50 | 13.22 | 215,894.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.45 | 84,196.3 |
THERMAX LTD | 4,433.83 | 12.04 | 53,373.1 |
TRIVENI TURBINE LTD | 959.07 | 24.47 | 23,465.7 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.59 | 14,859.0 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.98 | 14,402.0 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.73 | 14,947.7 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.73 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 9.19 | 15,803.6 |
TEGA INDUSTRIES LTD | 1,191.80 | 8.60 | 10,247.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs MARINE ELECTRICALS (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.45x |
Max industry PB | 24.47x |
Median industry PB | 9.19x |
Average industry PB | 10.65x |
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