PRITIKA AUTO INDUSTRIES
|
The Current P/B Ratio of PRITIKA AUTO INDUSTRIES is 1.85.
Share Price | ₹23.2 | Nov 22,2024 |
Market Cap | ₹386.3 Cr | |
Book Value | ₹208.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.85x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PRITIKA AUTO INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹386.3 Cr] as on Nov 22,2024
(/) Book Value [ ₹208.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.85x ]
Thus, for PRITIKA AUTO INDUSTRIES , the investors are currently willing to pay '1.85 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 PRITIKA AUTO INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of PRITIKA AUTO INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of PRITIKA AUTO INDUSTRIES
PB Ratio Performance Analysis for PRITIKA AUTO INDUSTRIES
- PRITIKA AUTO INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.26x.
- PRITIKA AUTO INDUSTRIES 's operated at median p/b ratio of 0.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRITIKA AUTO INDUSTRIES 's p/b ratio peaked in Mar2024 at 2.42x.
- PRITIKA AUTO INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 0.81x.
How does PRITIKA AUTO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRITIKA AUTO INDUSTRIES | 208.89 | 1.85 | 386.3 |
RITES LTD | 2,609.01 | 5.07 | 13,226.2 |
ENGINEERS INDIA LTD | 2,255.31 | 4.51 | 10,167.3 |
MTAR TECHNOLOGIES LTD | 676.33 | 7.96 | 5,384.6 |
KENNAMETAL INDIA LTD | 732.30 | 9.18 | 6,718.9 |
INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 3.91 | 5,263.0 |
THEJO ENGINEERING LTD | 248.62 | 9.07 | 2,255.1 |
DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.40 | 1,970.8 |
PITTI ENGINEERING LTD | 416.22 | 11.45 | 4,767.0 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.24 | 3,229.1 |
LOKESH MACHINES LTD | 186.87 | 3.49 | 652.4 |
Engineering Industry Benchmark (Top 10) PB Analysis vs PRITIKA AUTO INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.85x |
Max industry PB | 11.45x |
Median industry PB | 4.51x |
Average industry PB | 5.65x |
You may also like the below Video Courses