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NRB BEARINGS
PB (Price/Book ) Ratio

The Current P/B Ratio of NRB BEARINGS is 3.28.

Share Price ₹291.5Nov 29,2024
Market Cap ₹2,824.6 Cr
Book Value₹859.9 CrMar2024 - Consolidated Results
Price/Book 3.28xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NRB BEARINGS

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 NRB BEARINGS is calculated as :

Current Market Cap [ ₹2,824.6 Cr] as on Nov 29,2024

(/) Book Value [ ₹859.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.28x ]

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

Thus, for NRB BEARINGS , the investors are currently willing to pay '3.28 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 NRB BEARINGS !

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

Historical PB (Price/Book ) ratio chart of NRB BEARINGS


PB Ratio Performance Analysis for NRB BEARINGS

- NRB BEARINGS 's latest p/b ratio is 3.28x.

- NRB BEARINGS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.03x.

- NRB BEARINGS 's operated at median p/b ratio of 1.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NRB BEARINGS 's p/b ratio peaked in Mar2024 at 3.02x.

- NRB BEARINGS 's p/b ratio hit its five-year low in Mar2020 of 1.25x.


How does NRB BEARINGS 's P/B Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Book ValuePB RatioMarket Cap
NRB BEARINGS 859.913.282,824.6
SCHAEFFLER INDIA LTD4,815.3611.6656,141.9
TIMKEN INDIA LTD2,417.2610.5125,405.9
SKF INDIA LTD2,682.759.2324,749.9
ROLEX RINGS LTD898.186.145,512.0
GALAXY BEARINGS LTD93.233.60335.5
BIMETAL BEARINGS LTD219.091.15252.5
VISHAL BEARINGS LTD35.443.12110.7
SNL BEARINGS LTD59.522.39142.4

Bearings Industry Benchmark (Top 10) PB Analysis vs NRB BEARINGS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.15x
Max industry PB 11.66x
Median industry PB 3.60x
Average industry PB 5.68x



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