MERCURY EVTECH
|
The Current P/B Ratio of MERCURY EVTECH is 39.68.
Share Price | ₹104.4 | Nov 08,2024 |
Market Cap | ₹1,983.6 Cr | |
Book Value | ₹50.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 39.68x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MERCURY EVTECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MERCURY EVTECH | 49.99 | 39.68 | 1,983.6 |
MARUTI SUZUKI INDIA LTD | 85,636.00 | 4.15 | 355,503.0 |
MAHINDRA & MAHINDRA LTD | 65,891.80 | 5.62 | 370,478.0 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PB Analysis vs MERCURY EVTECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.15x |
Max industry PB | 39.68x |
Median industry PB | 5.62x |
Average industry PB | 16.48x |
You may also like the below Video Courses