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MTAR TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of MTAR TECHNOLOGIES is 7.83.

Share Price ₹1,719.6Jan 02,2025
Market Cap ₹5,296.4 Cr
Book Value₹676.3 CrMar2024 - Consolidated Results
Price/Book 7.83xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MTAR TECHNOLOGIES

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 MTAR TECHNOLOGIES is calculated as :

Current Market Cap [ ₹5,296.4 Cr] as on Jan 02,2025

(/) Book Value [ ₹676.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.83x ]

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

Thus, for MTAR TECHNOLOGIES , the investors are currently willing to pay '7.83 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 MTAR TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of MTAR TECHNOLOGIES


PB Ratio Performance Analysis for MTAR TECHNOLOGIES

- MTAR TECHNOLOGIES 's latest p/b ratio is 7.83x.

- MTAR TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.49x.

- MTAR TECHNOLOGIES 's operated at median p/b ratio of 7.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MTAR TECHNOLOGIES 's p/b ratio peaked in Mar2022 at 10.35x.

- MTAR TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does MTAR TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
MTAR TECHNOLOGIES 676.337.835,296.4
RITES LTD2,609.015.4014,079.3
ENGINEERS INDIA LTD2,255.314.5510,262.9
KENNAMETAL INDIA LTD732.308.966,562.2
INOX GREEN ENERGY SERVICES LTD1,345.034.806,461.3
THEJO ENGINEERING LTD248.629.062,252.7
DIVGI TORQTRANSFER SYSTEMS LTD580.343.281,906.2
PITTI ENGINEERING LTD416.2212.225,085.1
DEEP INDUSTRIES LTD1,443.252.563,695.0
LOKESH MACHINES LTD186.873.43641.3
PRITIKA AUTO INDUSTRIES LTD208.892.00418.8

Engineering Industry Benchmark (Top 10) PB Analysis vs MTAR TECHNOLOGIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.00x
Max industry PB 12.22x
Median industry PB 4.80x
Average industry PB 5.83x



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