RAMKRISHNA FORGINGS
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The Current P/B Ratio of RAMKRISHNA FORGINGS is 6.41.
Share Price | ₹947.3 | Nov 19,2024 |
Market Cap | ₹17,145.2 Cr | |
Book Value | ₹2,674.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.41x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RAMKRISHNA FORGINGS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹17,145.2 Cr] as on Nov 19,2024
(/) Book Value [ ₹2,674.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.41x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay '6.41 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 RAMKRISHNA FORGINGS !
The chart below summarizes the trend in P/B Ratio of RAMKRISHNA FORGINGS over the last five years.
Historical PB (Price/Book ) ratio chart of RAMKRISHNA FORGINGS
PB Ratio Performance Analysis for RAMKRISHNA FORGINGS
- RAMKRISHNA FORGINGS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.61x.
- RAMKRISHNA FORGINGS 's operated at median p/b ratio of 2.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/b ratio peaked in Mar2024 at 4.67x.
- RAMKRISHNA FORGINGS 's p/b ratio hit its five-year low in Mar2020 of 0.57x.
How does RAMKRISHNA FORGINGS 's P/B Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RAMKRISHNA FORGINGS | 2,674.76 | 6.41 | 17,145.2 |
BHARAT FORGE LTD | 7,157.45 | 8.60 | 61,585.7 |
CIE AUTOMOTIVE INDIA LTD | 4,939.94 | 3.59 | 17,716.2 |
MM FORGINGS LTD | 788.73 | 2.87 | 2,266.6 |
LGB FORGE LTD | 20.17 | 11.82 | 238.4 |
HILTON METAL FORGING LTD | 95.81 | 2.24 | 214.8 |
KALYANI FORGE LTD | 82.01 | 2.48 | 203.1 |
SAMRAT FORGINGS LTD | 31.57 | 5.23 | 165.0 |
TIRUPATI FORGE LTD | 49.92 | 10.80 | 539.3 |
GANGA FORGING LTD | 28.45 | 3.58 | 101.9 |
Forgings Industry Benchmark (Top 10) PB Analysis vs RAMKRISHNA FORGINGS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.24x |
Max industry PB | 11.82x |
Median industry PB | 5.23x |
Average industry PB | 5.76x |
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