PERMANENT MAGNETS
|
The Current P/B Ratio of PERMANENT MAGNETS is 5.83.
| Share Price | ₹897.0 | Nov 18,2024 |
| Market Cap | ₹771.4 Cr | |
| Book Value | ₹132.4 Cr | Mar2024 - Standalone Results |
| Price/Book | 5.83x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of PERMANENT MAGNETS
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
Current Market Cap [ ₹771.4 Cr] as on Nov 18,2024
(/) Book Value [ ₹132.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.83x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay '5.83 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 PERMANENT MAGNETS !
The chart below summarizes the trend in P/B Ratio of PERMANENT MAGNETS over the last five years.
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay '5.83 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 PERMANENT MAGNETS !
The chart below summarizes the trend in P/B Ratio of PERMANENT MAGNETS over the last five years.
Historical PB (Price/Book ) ratio chart of PERMANENT MAGNETS
PB Ratio Performance Analysis for PERMANENT MAGNETS
- PERMANENT MAGNETS 's latest p/b ratio is 5.83x.
- PERMANENT MAGNETS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.63x.
- PERMANENT MAGNETS 's operated at median p/b ratio of 4.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PERMANENT MAGNETS 's p/b ratio peaked in Mar2024 at 7.92x.
- PERMANENT MAGNETS 's p/b ratio hit its five-year low in Mar2020 of 1.27x.
- PERMANENT MAGNETS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.63x.
- PERMANENT MAGNETS 's operated at median p/b ratio of 4.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PERMANENT MAGNETS 's p/b ratio peaked in Mar2024 at 7.92x.
- PERMANENT MAGNETS 's p/b ratio hit its five-year low in Mar2020 of 1.27x.
How does PERMANENT MAGNETS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
| Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| PERMANENT MAGNETS | 132.39 | 5.83 | 771.4 |
| SIEMENS LTD | 13,087.10 | 18.07 | 236,441.0 |
| ABB INDIA LTD | 5,944.53 | 23.61 | 140,363.0 |
| HAVELLS INDIA LTD | 7,440.20 | 13.63 | 101,420.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 35.87 | 107,468.0 |
| SUZLON ENERGY LTD | 3,891.17 | 20.83 | 81,061.2 |
| HITACHI ENERGY INDIA LTD | 1,359.87 | 35.51 | 48,292.6 |
| APAR INDUSTRIES LTD | 3,876.44 | 9.13 | 35,411.2 |
| GE T&D INDIA LTD | 1,242.94 | 38.18 | 47,459.5 |
| INOX WIND LTD | 1,697.35 | 14.52 | 24,648.2 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 59.53 | 16,834.1 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs PERMANENT MAGNETS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 5.83x |
| Max industry PB | 59.53x |
| Median industry PB | 20.83x |
| Average industry PB | 24.97x |
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