OLECTRA GREENTECH
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The Current P/B Ratio of OLECTRA GREENTECH is 12.84.
Share Price | ₹1,428.7 | Nov 21,2024 |
Market Cap | ₹11,729.6 Cr | |
Book Value | ₹913.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 12.84x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of OLECTRA GREENTECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,729.6 Cr] as on Nov 21,2024
(/) Book Value [ ₹913.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 12.84x ]
Thus, for OLECTRA GREENTECH , the investors are currently willing to pay '12.84 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 OLECTRA GREENTECH !
The chart below summarizes the trend in P/B Ratio of OLECTRA GREENTECH over the last five years.
Historical PB (Price/Book ) ratio chart of OLECTRA GREENTECH
PB Ratio Performance Analysis for OLECTRA GREENTECH
- OLECTRA GREENTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.61x.
- OLECTRA GREENTECH 's operated at median p/b ratio of 6.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/b ratio peaked in Mar2024 at 16.97x.
- OLECTRA GREENTECH 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does OLECTRA GREENTECH 's P/B Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?
Peer Comparison (Automobiles-Trucks/Lcv Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
OLECTRA GREENTECH | 913.48 | 12.84 | 11,729.6 |
TATA MOTORS LTD | 84,827.10 | 3.36 | 284,798.0 |
ASHOK LEYLAND LTD | 8,956.62 | 7.17 | 64,249.0 |
FORCE MOTORS LTD | 2,255.14 | 3.88 | 8,747.5 |
SML ISUZU LTD | 285.59 | 8.10 | 2,313.5 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PB Analysis vs OLECTRA GREENTECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.36x |
Max industry PB | 12.84x |
Median industry PB | 7.17x |
Average industry PB | 7.07x |
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