PRAJ INDUSTRIES
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The Current P/B Ratio of PRAJ INDUSTRIES is 11.27.
Share Price | ₹781.3 | Nov 22,2024 |
Market Cap | ₹14,360.3 Cr | |
Book Value | ₹1,274.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.27x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PRAJ INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,360.3 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,274.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 11.27x ]
Thus, for PRAJ INDUSTRIES , the investors are currently willing to pay '11.27 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 PRAJ INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of PRAJ INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of PRAJ INDUSTRIES
PB Ratio Performance Analysis for PRAJ INDUSTRIES
- PRAJ INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.48x.
- PRAJ INDUSTRIES 's operated at median p/b ratio of 5.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAJ INDUSTRIES 's p/b ratio peaked in Mar2022 at 8.01x.
- PRAJ INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.41x.
How does PRAJ INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRAJ INDUSTRIES | 1,274.47 | 11.27 | 14,360.3 |
BHARAT ELECTRONICS LTD | 16,326.50 | 12.57 | 205,259.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.34 | 81,619.6 |
THERMAX LTD | 4,433.83 | 12.06 | 53,483.9 |
TRIVENI TURBINE LTD | 959.07 | 22.76 | 21,825.4 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.82 | 15,472.6 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.85 | 12,584.3 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.55 | 8,765.7 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 10.05 | 17,276.2 |
TEGA INDUSTRIES LTD | 1,191.80 | 9.51 | 11,338.0 |
ION EXCHANGE (INDIA) LTD | 1,017.91 | 9.03 | 9,191.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs PRAJ INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.34x |
Max industry PB | 22.76x |
Median industry PB | 9.51x |
Average industry PB | 9.89x |
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