RIR POWER ELECTRONICS
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The Current P/B Ratio of RIR POWER ELECTRONICS is 58.87.
Share Price | ₹3,169.8 | Jan 02,2025 |
Market Cap | ₹2,440.7 Cr | |
Book Value | ₹41.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 58.87x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RIR POWER ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,440.7 Cr] as on Jan 02,2025
(/) Book Value [ ₹41.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 58.87x ]
Thus, for RIR POWER ELECTRONICS , the investors are currently willing to pay '58.87 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 RIR POWER ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of RIR POWER ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of RIR POWER ELECTRONICS
PB Ratio Performance Analysis for RIR POWER ELECTRONICS
- RIR POWER ELECTRONICS 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 7.34x.
- RIR POWER ELECTRONICS 's operated at median p/b ratio of 6.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, RIR POWER ELECTRONICS 's p/b ratio peaked in Mar2024 at 14.65x.
- RIR POWER ELECTRONICS 's p/b ratio hit its five-year low in Mar2021 of 1.6x.
How does RIR POWER ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Electronics - Components Industry?
Peer Comparison (Electronics - Components Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RIR POWER ELECTRONICS | 41.46 | 58.87 | 2,440.7 |
KAYNES TECHNOLOGY INDIA LTD | 2,485.61 | 19.27 | 47,907.6 |
SYRMA SGS TECHNOLOGY LTD | 1,612.61 | 6.91 | 11,136.7 |
AVALON TECHNOLOGIES LTD | 546.90 | 11.81 | 6,460.0 |
DCX SYSTEMS LTD | 1,126.25 | 3.63 | 4,091.8 |
APOLLO MICRO SYSTEMS LTD | 507.30 | 7.48 | 3,795.9 |
IKIO LIGHTING LTD | 552.81 | 3.50 | 1,933.2 |
CENTUM ELECTRONICS LTD | 199.68 | 14.05 | 2,806.2 |
WEBSOL ENERGY SYSTEM LTD | 107.72 | 69.09 | 7,442.3 |
SWELECT ENERGY SYSTEMS LTD | 839.12 | 1.83 | 1,533.5 |
KERNEX MICROSYSTEMS (INDIA) LTD | 106.61 | 22.37 | 2,385.4 |
Electronics - Components Industry Benchmark (Top 10) PB Analysis vs RIR POWER ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.83x |
Max industry PB | 69.09x |
Median industry PB | 11.81x |
Average industry PB | 19.89x |
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