REMSONS INDUSTRIES
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The Current P/B Ratio of REMSONS INDUSTRIES is 5.05.
Share Price | ₹161.0 | Nov 29,2024 |
Market Cap | ₹561.9 Cr | |
Book Value | ₹111.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.05x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of REMSONS INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹561.9 Cr] as on Nov 29,2024
(/) Book Value [ ₹111.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.05x ]
Thus, for REMSONS INDUSTRIES , the investors are currently willing to pay '5.05 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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
REMSONS INDUSTRIES | 111.28 | 5.05 | 561.9 |
BOSCH LTD | 12,056.90 | 8.56 | 103,191.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.37 | 114,305.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 15.84 | 41,741.8 |
UNO MINDA LTD | 4,913.54 | 12.29 | 60,393.4 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 8.48 | 23,673.2 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.63 | 32,990.4 |
JBM AUTO LTD | 1,167.67 | 15.89 | 18,550.6 |
TVS HOLDINGS LTD | 2,840.07 | 8.41 | 23,884.4 |
MINDA CORPORATION LTD | 1,978.90 | 5.98 | 11,842.8 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.32 | 12,143.8 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs REMSONS INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.37x |
Max industry PB | 15.89x |
Median industry PB | 8.41x |
Average industry PB | 8.98x |
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