SKF INDIA
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The Current P/B Ratio of SKF INDIA is 8.62.
Share Price | ₹4,679.5 | Nov 22,2024 |
Market Cap | ₹23,116.5 Cr | |
Book Value | ₹2,682.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.62x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SKF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,116.5 Cr] as on Nov 22,2024
(/) Book Value [ ₹2,682.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.62x ]
Thus, for SKF INDIA , the investors are currently willing to pay '8.62 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 SKF INDIA !
The chart below summarizes the trend in P/B Ratio of SKF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of SKF INDIA
PB Ratio Performance Analysis for SKF INDIA
- SKF INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 8.26x.
- SKF INDIA 's operated at median p/b ratio of 8.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, SKF INDIA 's p/b ratio peaked in Mar2022 at 9.28x.
- SKF INDIA 's p/b ratio hit its five-year low in Mar2021 of 7.11x.
How does SKF INDIA 's P/B Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SKF INDIA | 2,682.75 | 8.62 | 23,116.5 |
SCHAEFFLER INDIA LTD | 4,815.36 | 11.04 | 53,173.7 |
TIMKEN INDIA LTD | 2,417.26 | 10.26 | 24,798.9 |
ROLEX RINGS LTD | 898.18 | 6.04 | 5,423.1 |
NRB BEARINGS LTD | 859.91 | 3.18 | 2,734.7 |
GALAXY BEARINGS LTD | 93.23 | 3.75 | 349.5 |
BIMETAL BEARINGS LTD | 219.09 | 1.15 | 252.1 |
VISHAL BEARINGS LTD | 35.44 | 3.11 | 110.1 |
SNL BEARINGS LTD | 59.52 | 2.43 | 144.8 |
Bearings Industry Benchmark (Top 10) PB Analysis vs SKF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.15x |
Max industry PB | 11.04x |
Median industry PB | 3.75x |
Average industry PB | 5.51x |
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