ORIENT ELECTRIC
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The Current P/B Ratio of ORIENT ELECTRIC is 7.87.
Share Price | ₹234.6 | Nov 29,2024 |
Market Cap | ₹5,005.3 Cr | |
Book Value | ₹636.4 Cr | Mar2024 - Standalone Results |
Price/Book | 7.87x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ORIENT ELECTRIC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,005.3 Cr] as on Nov 29,2024
(/) Book Value [ ₹636.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 7.87x ]
Thus, for ORIENT ELECTRIC , the investors are currently willing to pay '7.87 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 ORIENT ELECTRIC !
The chart below summarizes the trend in P/B Ratio of ORIENT ELECTRIC over the last five years.
Historical PB (Price/Book ) ratio chart of ORIENT ELECTRIC
PB Ratio Performance Analysis for ORIENT ELECTRIC
- ORIENT ELECTRIC 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.14x.
- ORIENT ELECTRIC 's operated at median p/b ratio of 11.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ORIENT ELECTRIC 's p/b ratio peaked in Mar2021 at 14.72x.
- ORIENT ELECTRIC 's p/b ratio hit its five-year low in Mar2024 of 6.47x.
How does ORIENT ELECTRIC 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ORIENT ELECTRIC | 636.38 | 7.87 | 5,005.3 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,923.80 | 9.02 | 26,369.3 |
WHIRLPOOL OF INDIA LTD | 3,606.06 | 6.51 | 23,464.9 |
BAJAJ ELECTRICALS LTD | 1,414.20 | 6.26 | 8,852.3 |
TTK PRESTIGE LTD | 2,087.33 | 5.55 | 11,575.7 |
EUREKA FORBES LTD | 4,191.16 | 2.82 | 11,839.0 |
SYMPHONY LTD | 749.01 | 12.26 | 9,184.1 |
IFB INDUSTRIES LTD | 717.61 | 9.49 | 6,807.8 |
BOROSIL LTD | 575.07 | 9.52 | 5,477.0 |
PG ELECTROPLAST LTD | 1,019.95 | 18.57 | 18,935.8 |
HAWKINS COOKERS LTD | 333.48 | 13.50 | 4,501.2 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs ORIENT ELECTRIC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.82x |
Max industry PB | 18.57x |
Median industry PB | 9.02x |
Average industry PB | 9.21x |
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