MUNJAL AUTO INDUSTRIES
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The Current P/B Ratio of MUNJAL AUTO INDUSTRIES is 3.24.
Share Price | ₹129.9 | Oct 31,2024 |
Market Cap | ₹1,299.0 Cr | |
Book Value | ₹401.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.24x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MUNJAL AUTO INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,299.0 Cr] as on Oct 31,2024
(/) Book Value [ ₹401.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.24x ]
Thus, for MUNJAL AUTO INDUSTRIES , the investors are currently willing to pay '3.24 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 MUNJAL AUTO INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of MUNJAL AUTO INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of MUNJAL AUTO INDUSTRIES
PB Ratio Performance Analysis for MUNJAL AUTO INDUSTRIES
- MUNJAL AUTO INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.35x.
- MUNJAL AUTO INDUSTRIES 's operated at median p/b ratio of 1.21x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MUNJAL AUTO INDUSTRIES 's p/b ratio peaked in Mar2024 at 1.98x.
- MUNJAL AUTO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.9x.
How does MUNJAL AUTO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MUNJAL AUTO INDUSTRIES | 401.19 | 3.24 | 1,299.0 |
BOSCH LTD | 12,056.90 | 8.59 | 103,530.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.87 | 127,251.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 16.16 | 42,583.9 |
UNO MINDA LTD | 4,913.54 | 11.48 | 56,425.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 9.77 | 27,261.7 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.71 | 33,396.2 |
JBM AUTO LTD | 1,167.67 | 16.36 | 19,107.6 |
TVS HOLDINGS LTD | 2,840.07 | 8.79 | 24,962.1 |
MINDA CORPORATION LTD | 1,978.90 | 6.20 | 12,260.0 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.34 | 12,170.4 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs MUNJAL AUTO INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.24x |
Max industry PB | 16.36x |
Median industry PB | 8.59x |
Average industry PB | 9.05x |
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