OLA ELECTRIC MOBILITY
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The Current P/B Ratio of OLA ELECTRIC MOBILITY is 15.21.
Share Price | ₹60.9 | Feb 21,2025 |
Market Cap | ₹26,844.1 Cr | |
Book Value | ₹1,764.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 15.21x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of OLA ELECTRIC MOBILITY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹26,844.1 Cr] as on Feb 21,2025
(/) Book Value [ ₹1,764.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 15.21x ]
Thus, for OLA ELECTRIC MOBILITY , the investors are currently willing to pay '15.21 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 OLA ELECTRIC MOBILITY !
The chart below summarizes the trend in P/B Ratio of OLA ELECTRIC MOBILITY over the last five years.
Historical PB (Price/Book ) ratio chart of OLA ELECTRIC MOBILITY
PB Ratio Performance Analysis for OLA ELECTRIC MOBILITY
- OLA ELECTRIC MOBILITY 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 0.00x.
- OLA ELECTRIC MOBILITY 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, OLA ELECTRIC MOBILITY 's p/b ratio peaked in Mar2024 at 0x.
- OLA ELECTRIC MOBILITY 's p/b ratio hit its five-year low in Mar2024 of 0x.
How does OLA ELECTRIC MOBILITY 's P/B Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
OLA ELECTRIC MOBILITY | 1,764.89 | 15.21 | 26,844.1 |
BAJAJ AUTO LTD | 28,859.80 | 8.23 | 237,496.0 |
EICHER MOTORS LTD | 17,968.40 | 7.57 | 135,979.0 |
TVS MOTOR COMPANY LTD | 6,783.51 | 16.28 | 110,451.0 |
HERO MOTOCORP LTD | 17,653.30 | 4.37 | 77,074.2 |
ATUL AUTO LTD | 419.85 | 3.14 | 1,319.2 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 101.26 | 7.48 | 757.8 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs OLA ELECTRIC MOBILITY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.14x |
Max industry PB | 16.28x |
Median industry PB | 7.57x |
Average industry PB | 8.90x |
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