PANASONIC ENERGY INDIA COMPANY
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The Current P/B Ratio of PANASONIC ENERGY INDIA COMPANY is 3.42.
Share Price | ₹469.0 | Nov 29,2024 |
Market Cap | ₹351.7 Cr | |
Book Value | ₹102.8 Cr | Mar2024 - Standalone Results |
Price/Book | 3.42x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PANASONIC ENERGY INDIA COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹351.7 Cr] as on Nov 29,2024
(/) Book Value [ ₹102.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.42x ]
Thus, for PANASONIC ENERGY INDIA COMPANY , the investors are currently willing to pay '3.42 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 PANASONIC ENERGY INDIA COMPANY !
The chart below summarizes the trend in P/B Ratio of PANASONIC ENERGY INDIA COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of PANASONIC ENERGY INDIA COMPANY
PB Ratio Performance Analysis for PANASONIC ENERGY INDIA COMPANY
- PANASONIC ENERGY INDIA COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.78x.
- PANASONIC ENERGY INDIA COMPANY 's operated at median p/b ratio of 1.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PANASONIC ENERGY INDIA COMPANY 's p/b ratio peaked in Mar2024 at 2.98x.
- PANASONIC ENERGY INDIA COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.82x.
How does PANASONIC ENERGY INDIA COMPANY 's P/B Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PANASONIC ENERGY INDIA COMPANY | 102.77 | 3.42 | 351.7 |
EXIDE INDUSTRIES LTD | 12,886.30 | 2.99 | 38,475.2 |
AMARA RAJA ENERGY & MOBILITY LTD | 6,798.73 | 3.45 | 23,441.0 |
HBL POWER SYSTEMS LTD | 1,220.54 | 14.16 | 17,278.9 |
EVEREADY INDUSTRIES INDIA LTD | 386.71 | 7.31 | 2,828.6 |
HIGH ENERGY BATTERIES (INDIA) LTD | 87.71 | 6.05 | 530.4 |
INDONATIONAL LTD | 236.18 | 1.63 | 386.0 |
Batteries Industry Benchmark (Top 10) PB Analysis vs PANASONIC ENERGY INDIA COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.63x |
Max industry PB | 14.16x |
Median industry PB | 3.45x |
Average industry PB | 5.57x |
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