SERVOTECH POWER SYSTEMS
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The Current P/B Ratio of SERVOTECH POWER SYSTEMS is 47.37.
Share Price | ₹174.7 | Nov 14,2024 |
Market Cap | ₹3,842.1 Cr | |
Book Value | ₹81.1 Cr | Mar2023 - Consolidated Results |
Price/Book | 47.37x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SERVOTECH POWER SYSTEMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,842.1 Cr] as on Nov 14,2024
(/) Book Value [ ₹81.1 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 47.37x ]
Thus, for SERVOTECH POWER SYSTEMS , the investors are currently willing to pay '47.37 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 SERVOTECH POWER SYSTEMS !
The chart below summarizes the trend in P/B Ratio of SERVOTECH POWER SYSTEMS over the last five years.
Historical PB (Price/Book ) ratio chart of SERVOTECH POWER SYSTEMS
PB Ratio Performance Analysis for SERVOTECH POWER SYSTEMS
- SERVOTECH POWER SYSTEMS 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 3.12x.
- SERVOTECH POWER SYSTEMS 's operated at median p/b ratio of 3.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SERVOTECH POWER SYSTEMS 's p/b ratio peaked in Mar2023 at 4.72x.
- SERVOTECH POWER SYSTEMS 's p/b ratio hit its five-year low in Mar2021 of 0.94x.
How does SERVOTECH POWER SYSTEMS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SERVOTECH POWER SYSTEMS | 81.11 | 47.37 | 3,842.1 |
SIEMENS LTD | 13,087.10 | 18.30 | 239,457.0 |
ABB INDIA LTD | 5,944.53 | 23.81 | 141,561.0 |
HAVELLS INDIA LTD | 7,440.20 | 13.64 | 101,461.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 35.42 | 106,123.0 |
SUZLON ENERGY LTD | 3,891.17 | 19.91 | 77,485.8 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 36.70 | 49,905.1 |
APAR INDUSTRIES LTD | 3,876.44 | 9.27 | 35,922.7 |
GE T&D INDIA LTD | 1,242.94 | 36.53 | 45,400.9 |
INOX WIND LTD | 1,697.35 | 14.59 | 24,759.1 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 61.22 | 17,312.3 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs SERVOTECH POWER SYSTEMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 9.27x |
Max industry PB | 61.22x |
Median industry PB | 23.81x |
Average industry PB | 28.80x |
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