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ORIENT ELECTRIC
PB (Price/Book ) Ratio

The Current P/B Ratio of ORIENT ELECTRIC is 7.87.

Share Price ₹234.6Nov 29,2024
Market Cap ₹5,005.3 Cr
Book Value₹636.4 CrMar2024 - Standalone Results
Price/Book 7.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ORIENT ELECTRIC

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 ORIENT ELECTRIC is calculated as :

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 ]

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

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 latest p/b ratio is 7.87x.

- 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 ValuePB RatioMarket Cap
ORIENT ELECTRIC 636.387.875,005.3
CROMPTON GREAVES CONSUMER ELECTRICALS LTD2,923.809.0226,369.3
WHIRLPOOL OF INDIA LTD3,606.066.5123,464.9
BAJAJ ELECTRICALS LTD1,414.206.268,852.3
TTK PRESTIGE LTD2,087.335.5511,575.7
EUREKA FORBES LTD4,191.162.8211,839.0
SYMPHONY LTD749.0112.269,184.1
IFB INDUSTRIES LTD717.619.496,807.8
BOROSIL LTD575.079.525,477.0
PG ELECTROPLAST LTD1,019.9518.5718,935.8
HAWKINS COOKERS LTD333.4813.504,501.2

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs ORIENT ELECTRIC 's P/B Ratio

Top 10 Industry PeersPB 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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