SANDHAR TECHNOLOGIES
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The Current P/B Ratio of SANDHAR TECHNOLOGIES is 3.10.
Share Price | ₹524.3 | Jan 02,2025 |
Market Cap | ₹3,156.0 Cr | |
Book Value | ₹1,016.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.10x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SANDHAR TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,156.0 Cr] as on Jan 02,2025
(/) Book Value [ ₹1,016.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.10x ]
Thus, for SANDHAR TECHNOLOGIES , the investors are currently willing to pay '3.10 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 SANDHAR TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of SANDHAR TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of SANDHAR TECHNOLOGIES
PB Ratio Performance Analysis for SANDHAR TECHNOLOGIES
- SANDHAR TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.70x.
- SANDHAR TECHNOLOGIES 's operated at median p/b ratio of 1.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SANDHAR TECHNOLOGIES 's p/b ratio peaked in Mar2024 at 3.09x.
- SANDHAR TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 1.02x.
How does SANDHAR TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SANDHAR TECHNOLOGIES | 1,016.59 | 3.10 | 3,156.0 |
BOSCH LTD | 12,056.90 | 8.43 | 101,614.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 4.30 | 112,475.0 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 14.09 | 37,127.9 |
UNO MINDA LTD | 4,913.54 | 12.31 | 60,502.5 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 8.06 | 22,496.9 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 6.18 | 30,770.0 |
JBM AUTO LTD | 1,167.67 | 16.07 | 18,758.7 |
TVS HOLDINGS LTD | 2,840.07 | 6.78 | 19,268.2 |
MINDA CORPORATION LTD | 1,978.90 | 6.20 | 12,267.2 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 7.68 | 12,729.9 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs SANDHAR TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.10x |
Max industry PB | 16.07x |
Median industry PB | 7.68x |
Average industry PB | 8.47x |
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