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SERVOTECH POWER SYSTEMS
PB (Price/Book ) Ratio

The Current P/B Ratio of SERVOTECH POWER SYSTEMS is 47.37.

Share Price ₹174.7Nov 14,2024
Market Cap ₹3,842.1 Cr
Book Value₹81.1 CrMar2023 - Consolidated Results
Price/Book 47.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SERVOTECH POWER SYSTEMS

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 SERVOTECH POWER SYSTEMS is calculated as :

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 ]

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

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 latest p/b ratio is 47.37x.

- 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 ValuePB RatioMarket Cap
SERVOTECH POWER SYSTEMS 81.1147.373,842.1
SIEMENS LTD13,087.1018.30239,457.0
ABB INDIA LTD5,944.5323.81141,561.0
HAVELLS INDIA LTD7,440.2013.64101,461.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD2,996.1335.42106,123.0
SUZLON ENERGY LTD3,891.1719.9177,485.8
HITACHI ENERGY INDIA LTD1,359.8736.7049,905.1
APAR INDUSTRIES LTD3,876.449.2735,922.7
GE T&D INDIA LTD1,242.9436.5345,400.9
INOX WIND LTD1,697.3514.5924,759.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD282.7861.2217,312.3

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs SERVOTECH POWER SYSTEMS 's P/B Ratio

Top 10 Industry PeersPB 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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