NRB BEARINGS
|
The Current P/B Ratio of NRB BEARINGS is 3.28.
Share Price | ₹291.5 | Nov 29,2024 |
Market Cap | ₹2,824.6 Cr | |
Book Value | ₹859.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.28x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NRB BEARINGS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
NRB BEARINGS | 859.91 | 3.28 | 2,824.6 |
SCHAEFFLER INDIA LTD | 4,815.36 | 11.66 | 56,141.9 |
TIMKEN INDIA LTD | 2,417.26 | 10.51 | 25,405.9 |
SKF INDIA LTD | 2,682.75 | 9.23 | 24,749.9 |
ROLEX RINGS LTD | 898.18 | 6.14 | 5,512.0 |
GALAXY BEARINGS LTD | 93.23 | 3.60 | 335.5 |
BIMETAL BEARINGS LTD | 219.09 | 1.15 | 252.5 |
VISHAL BEARINGS LTD | 35.44 | 3.12 | 110.7 |
SNL BEARINGS LTD | 59.52 | 2.39 | 142.4 |
Bearings Industry Benchmark (Top 10) PB Analysis vs NRB BEARINGS 's P/B Ratio
Top 10 Industry Peers | PB 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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