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REMSONS INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of REMSONS INDUSTRIES is 4.76.

Share Price ₹151.9Nov 22,2024
Market Cap ₹530.1 Cr
Book Value₹111.3 CrMar2024 - Consolidated Results
Price/Book 4.76xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of REMSONS INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of REMSONS INDUSTRIES is calculated as :

Current Market Cap [ ₹530.1 Cr] as on Nov 22,2024

(/) Book Value [ ₹111.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.76x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for REMSONS INDUSTRIES , the investors are currently willing to pay '4.76 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 REMSONS INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of REMSONS INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of REMSONS INDUSTRIES


PB Ratio Performance Analysis for REMSONS INDUSTRIES

- REMSONS INDUSTRIES 's latest p/b ratio is 4.76x.

- REMSONS INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 9.30x.

- REMSONS INDUSTRIES 's operated at median p/b ratio of 3.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, REMSONS INDUSTRIES 's p/b ratio peaked in Mar2024 at 28.83x.

- REMSONS INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 2.63x.


How does REMSONS INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
REMSONS INDUSTRIES 111.284.76530.1
BOSCH LTD12,056.908.40101,267.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD26,154.904.44116,204.0
SONA BLW PRECISION FORGINGS LTD2,634.8216.1642,571.4
UNO MINDA LTD4,913.5412.4761,257.5
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,790.329.8027,347.7
ENDURANCE TECHNOLOGIES LTD4,977.446.6733,211.2
JBM AUTO LTD1,167.6714.3716,775.7
TVS HOLDINGS LTD2,840.078.2223,342.3
MINDA CORPORATION LTD1,978.905.8311,529.6
CRAFTSMAN AUTOMATION LTD1,657.987.4912,414.5

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs REMSONS INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.44x
Max industry PB 16.16x
Median industry PB 8.22x
Average industry PB 8.96x



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