PIX TRANSMISSIONS
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The Current P/B Ratio of PIX TRANSMISSIONS is 6.31.
Share Price | ₹2,286.1 | Nov 25,2024 |
Market Cap | ₹3,109.1 Cr | |
Book Value | ₹492.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.31x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PIX TRANSMISSIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,109.1 Cr] as on Nov 25,2024
(/) Book Value [ ₹492.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.31x ]
Thus, for PIX TRANSMISSIONS , the investors are currently willing to pay '6.31 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 PIX TRANSMISSIONS !
The chart below summarizes the trend in P/B Ratio of PIX TRANSMISSIONS over the last five years.
Historical PB (Price/Book ) ratio chart of PIX TRANSMISSIONS
PB Ratio Performance Analysis for PIX TRANSMISSIONS
- PIX TRANSMISSIONS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.27x.
- PIX TRANSMISSIONS 's operated at median p/b ratio of 2.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIX TRANSMISSIONS 's p/b ratio peaked in Mar2024 at 3.7x.
- PIX TRANSMISSIONS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.
How does PIX TRANSMISSIONS 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PIX TRANSMISSIONS | 492.69 | 6.31 | 3,109.1 |
APCOTEX INDUSTRIES LTD | 521.74 | 3.87 | 2,019.9 |
GRP LTD | 166.74 | 10.35 | 1,725.2 |
RUBFILA INTERNATIONAL LTD | 270.63 | 1.48 | 401.2 |
INDAG RUBBER LTD | 226.83 | 2.21 | 500.5 |
CAPTAIN PIPES LTD | 25.51 | 8.36 | 213.1 |
SOMI CONVEYOR BELTINGS LTD | 71.05 | 3.00 | 212.8 |
DOLFIN RUBBERS LTD | 28.28 | 7.08 | 200.3 |
Rubber Products Industry Benchmark (Top 10) PB Analysis vs PIX TRANSMISSIONS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.48x |
Max industry PB | 10.35x |
Median industry PB | 6.31x |
Average industry PB | 5.33x |
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