RATNAVEER PRECISION ENGINEERING
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The Current P/B Ratio of RATNAVEER PRECISION ENGINEERING is 3.94.
Share Price | ₹187.3 | Dec 30,2024 |
Market Cap | ₹992.7 Cr | |
Book Value | ₹252.1 Cr | Mar2024 - Standalone Results |
Price/Book | 3.94x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RATNAVEER PRECISION ENGINEERING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹992.7 Cr] as on Dec 30,2024
(/) Book Value [ ₹252.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.94x ]
Thus, for RATNAVEER PRECISION ENGINEERING , the investors are currently willing to pay '3.94 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 RATNAVEER PRECISION ENGINEERING !
The chart below summarizes the trend in P/B Ratio of RATNAVEER PRECISION ENGINEERING over the last five years.
Historical PB (Price/Book ) ratio chart of RATNAVEER PRECISION ENGINEERING
PB Ratio Performance Analysis for RATNAVEER PRECISION ENGINEERING
- RATNAVEER PRECISION ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.44x.
- RATNAVEER PRECISION ENGINEERING 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATNAVEER PRECISION ENGINEERING 's p/b ratio peaked in Mar2024 at 2.22x.
- RATNAVEER PRECISION ENGINEERING 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does RATNAVEER PRECISION ENGINEERING 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RATNAVEER PRECISION ENGINEERING | 252.11 | 3.94 | 992.7 |
JSW STEEL LTD | 77,223.00 | 2.85 | 219,846.0 |
TATA STEEL LTD | 92,035.80 | 1.86 | 170,899.0 |
JINDAL STAINLESS LTD | 14,348.40 | 3.94 | 56,543.5 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.81 | 46,179.3 |
APL APOLLO TUBES LTD | 3,604.62 | 11.71 | 42,193.4 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 15.29 | 25,638.0 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.14 | 22,434.0 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.07 | 20,051.4 |
WELSPUN CORP LTD | 5,596.02 | 3.77 | 21,116.5 |
JINDAL SAW LTD | 10,034.80 | 1.84 | 18,462.6 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs RATNAVEER PRECISION ENGINEERING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.81x |
Max industry PB | 15.29x |
Median industry PB | 3.77x |
Average industry PB | 5.02x |
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