MTAR TECHNOLOGIES
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The Current P/B Ratio of MTAR TECHNOLOGIES is 7.83.
Share Price | ₹1,719.6 | Jan 02,2025 |
Market Cap | ₹5,296.4 Cr | |
Book Value | ₹676.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.83x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MTAR TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MTAR TECHNOLOGIES | 676.33 | 7.83 | 5,296.4 |
RITES LTD | 2,609.01 | 5.40 | 14,079.3 |
ENGINEERS INDIA LTD | 2,255.31 | 4.55 | 10,262.9 |
KENNAMETAL INDIA LTD | 732.30 | 8.96 | 6,562.2 |
INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 4.80 | 6,461.3 |
THEJO ENGINEERING LTD | 248.62 | 9.06 | 2,252.7 |
DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.28 | 1,906.2 |
PITTI ENGINEERING LTD | 416.22 | 12.22 | 5,085.1 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.56 | 3,695.0 |
LOKESH MACHINES LTD | 186.87 | 3.43 | 641.3 |
PRITIKA AUTO INDUSTRIES LTD | 208.89 | 2.00 | 418.8 |
Engineering Industry Benchmark (Top 10) PB Analysis vs MTAR TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB 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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