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OLA ELECTRIC MOBILITY
PB (Price/Book ) Ratio

The Current P/B Ratio of OLA ELECTRIC MOBILITY is 15.21.

Share Price ₹60.9Feb 21,2025
Market Cap ₹26,844.1 Cr
Book Value₹1,764.9 CrMar2024 - Consolidated Results
Price/Book 15.21xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of OLA ELECTRIC MOBILITY

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 OLA ELECTRIC MOBILITY is calculated as :

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 ]

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

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 latest p/b ratio is 15.21x.

- 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 ValuePB RatioMarket Cap
OLA ELECTRIC MOBILITY 1,764.8915.2126,844.1
BAJAJ AUTO LTD28,859.808.23237,496.0
EICHER MOTORS LTD17,968.407.57135,979.0
TVS MOTOR COMPANY LTD6,783.5116.28110,451.0
HERO MOTOCORP LTD17,653.304.3777,074.2
ATUL AUTO LTD419.853.141,319.2
WARDWIZARD INNOVATIONS & MOBILITY LTD101.267.48757.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs OLA ELECTRIC MOBILITY 's P/B Ratio

Top 10 Industry PeersPB 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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