RAJOO ENGINEERS
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The Current P/B Ratio of RAJOO ENGINEERS is 30.50.
Share Price | ₹314.1 | Sep 06,2024 |
Market Cap | ₹3,862.8 Cr | |
Book Value | ₹126.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 30.50x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAJOO ENGINEERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,862.8 Cr] as on Sep 06,2024
(/) Book Value [ ₹126.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 30.50x ]
Thus, for RAJOO ENGINEERS , the investors are currently willing to pay '30.50 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 RAJOO ENGINEERS !
The chart below summarizes the trend in P/B Ratio of RAJOO ENGINEERS over the last five years.
Historical PB (Price/Book ) ratio chart of RAJOO ENGINEERS
PB Ratio Performance Analysis for RAJOO ENGINEERS
- RAJOO ENGINEERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.
- RAJOO ENGINEERS 's operated at median p/b ratio of 1.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJOO ENGINEERS 's p/b ratio peaked in Mar2019 at 2.67x.
- RAJOO ENGINEERS 's p/b ratio hit its five-year low in Mar2020 of 0.61x.
How does RAJOO ENGINEERS '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 |
---|---|---|---|
RAJOO ENGINEERS | 126.67 | 30.50 | 3,862.8 |
BHARAT ELECTRONICS LTD | 16,326.50 | 12.70 | 207,342.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.76 | 91,856.8 |
THERMAX LTD | 4,433.83 | 11.63 | 51,571.4 |
TRIVENI TURBINE LTD | 959.07 | 24.70 | 23,689.8 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 7.22 | 19,195.1 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.62 | 13,829.8 |
PRAJ INDUSTRIES LTD | 1,274.47 | 10.60 | 13,514.9 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 5.09 | 9,807.9 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 7.61 | 13,077.5 |
TEGA INDUSTRIES LTD | 1,191.80 | 9.58 | 11,420.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs RAJOO ENGINEERS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.76x |
Max industry PB | 30.50x |
Median industry PB | 9.58x |
Average industry PB | 12.00x |
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