RANE ENGINE VALVE
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The Current P/B Ratio of RANE ENGINE VALVE is 2.19.
Share Price | ₹368.0 | Jan 14,2025 |
Market Cap | ₹265.0 Cr | |
Book Value | ₹120.8 Cr | Mar2024 - Standalone Results |
Price/Book | 2.19x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RANE ENGINE VALVE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹265.0 Cr] as on Jan 14,2025
(/) Book Value [ ₹120.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.19x ]
Thus, for RANE ENGINE VALVE , the investors are currently willing to pay '2.19 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 RANE ENGINE VALVE !
The chart below summarizes the trend in P/B Ratio of RANE ENGINE VALVE over the last five years.
Historical PB (Price/Book ) ratio chart of RANE ENGINE VALVE
PB Ratio Performance Analysis for RANE ENGINE VALVE
- RANE ENGINE VALVE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.49x.
- RANE ENGINE VALVE 's operated at median p/b ratio of 1.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RANE ENGINE VALVE 's p/b ratio peaked in Mar2024 at 1.83x.
- RANE ENGINE VALVE 's p/b ratio hit its five-year low in Mar2020 of 0.82x.
How does RANE ENGINE VALVE 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RANE ENGINE VALVE | 120.81 | 2.19 | 265.0 |
BOSCH LTD | 12,056.90 | 7.74 | 93,372.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 3.92 | 102,554.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 13.45 | 35,437.6 |
UNO MINDA LTD | 4,913.54 | 12.27 | 60,287.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 7.69 | 21,444.8 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 5.74 | 28,558.1 |
JBM AUTO LTD | 1,167.67 | 15.90 | 18,569.5 |
TVS HOLDINGS LTD | 2,840.07 | 6.86 | 19,488.5 |
MINDA CORPORATION LTD | 1,978.90 | 6.55 | 12,953.3 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.14 | 11,842.5 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs RANE ENGINE VALVE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.19x |
Max industry PB | 15.90x |
Median industry PB | 7.14x |
Average industry PB | 8.13x |
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