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MERCURY EVTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of MERCURY EVTECH is 39.68.

Share Price ₹104.4Nov 08,2024
Market Cap ₹1,983.6 Cr
Book Value₹50.0 CrMar2023 - Consolidated Results
Price/Book 39.68xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MERCURY EVTECH

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 MERCURY EVTECH is calculated as :

Current Market Cap [ ₹1,983.6 Cr] as on Nov 08,2024

(/) Book Value [ ₹50.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 39.68x ]

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

Thus, for MERCURY EVTECH , the investors are currently willing to pay '39.68 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 MERCURY EVTECH !

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

Historical PB (Price/Book ) ratio chart of MERCURY EVTECH


PB Ratio Performance Analysis for MERCURY EVTECH

- MERCURY EVTECH 's latest p/b ratio is 39.68x.

- MERCURY EVTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 2.90x.

- MERCURY EVTECH 's operated at median p/b ratio of 4.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MERCURY EVTECH 's p/b ratio peaked in Mar2023 at 4.51x.

- MERCURY EVTECH 's p/b ratio hit its five-year low in Mar2022 of 1.28x.


How does MERCURY EVTECH 's P/B Ratio benchmark against top 10 peers in Automobiles - Passenger Cars Industry?

Peer Comparison (Automobiles - Passenger Cars Industry)Book ValuePB RatioMarket Cap
MERCURY EVTECH 49.9939.681,983.6
MARUTI SUZUKI INDIA LTD85,636.004.15355,503.0
MAHINDRA & MAHINDRA LTD65,891.805.62370,478.0

Automobiles - Passenger Cars Industry Benchmark (Top 10) PB Analysis vs MERCURY EVTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.15x
Max industry PB 39.68x
Median industry PB 5.62x
Average industry PB 16.48x



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