Home > PB Ratio > MENON PISTONS

MENON PISTONS
PB (Price/Book ) Ratio

The Current P/B Ratio of MENON PISTONS is 2.61.

Share Price ₹71.0Nov 19,2024
Market Cap ₹362.3 Cr
Book Value₹138.9 CrMar2024 - Consolidated Results
Price/Book 2.61xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for MENON PISTONS
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of MENON PISTONS

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 MENON PISTONS is calculated as :

Current Market Cap [ ₹362.3 Cr] as on Nov 19,2024

(/) Book Value [ ₹138.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.61x ]

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

Thus, for MENON PISTONS , the investors are currently willing to pay '2.61 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 MENON PISTONS !

The chart below summarizes the trend in P/B Ratio of MENON PISTONS over the last five years.

Historical PB (Price/Book ) ratio chart of MENON PISTONS


PB Ratio Performance Analysis for MENON PISTONS

- MENON PISTONS 's latest p/b ratio is 2.61x.

- MENON PISTONS 's p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 2.53x.

- MENON PISTONS 's operated at median p/b ratio of 2.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, MENON PISTONS 's p/b ratio peaked in Mar2024 at 3.3x.

- MENON PISTONS 's p/b ratio hit its five-year low in Mar2023 of 1.71x.


How does MENON PISTONS 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
MENON PISTONS 138.922.61362.3
BOSCH LTD12,056.908.38101,022.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD26,154.904.44116,204.0
SONA BLW PRECISION FORGINGS LTD2,634.8216.0442,257.6
UNO MINDA LTD4,913.5412.1559,687.2
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,790.3210.1028,186.2
ENDURANCE TECHNOLOGIES LTD4,977.446.6733,206.3
JBM AUTO LTD1,167.6714.5917,039.4
TVS HOLDINGS LTD2,840.078.3023,577.9
MINDA CORPORATION LTD1,978.905.8611,594.2
CRAFTSMAN AUTOMATION LTD1,657.987.2111,951.3

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs MENON PISTONS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.61x
Max industry PB 16.04x
Median industry PB 8.30x
Average industry PB 8.76x



You may also like the below Video Courses