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TANEJA AEROSPACE & AVIATION
PB (Price/Book ) Ratio

The Current P/B Ratio of TANEJA AEROSPACE & AVIATION is 7.88.

Share Price ₹403.2Nov 21,2024
Market Cap ₹1,028.2 Cr
Book Value₹130.4 CrMar2024 - Consolidated Results
Price/Book 7.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TANEJA AEROSPACE & AVIATION

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 TANEJA AEROSPACE & AVIATION is calculated as :

Current Market Cap [ ₹1,028.2 Cr] as on Nov 21,2024

(/) Book Value [ ₹130.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.88x ]

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

Thus, for TANEJA AEROSPACE & AVIATION , the investors are currently willing to pay '7.88 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 TANEJA AEROSPACE & AVIATION !

The chart below summarizes the trend in P/B Ratio of TANEJA AEROSPACE & AVIATION over the last five years.

Historical PB (Price/Book ) ratio chart of TANEJA AEROSPACE & AVIATION


PB Ratio Performance Analysis for TANEJA AEROSPACE & AVIATION

- TANEJA AEROSPACE & AVIATION 's latest p/b ratio is 7.88x.

- TANEJA AEROSPACE & AVIATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.83x.

- TANEJA AEROSPACE & AVIATION 's operated at median p/b ratio of 2.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANEJA AEROSPACE & AVIATION 's p/b ratio peaked in Mar2024 at 7.55x.

- TANEJA AEROSPACE & AVIATION 's p/b ratio hit its five-year low in Mar2020 of 0.39x.


How does TANEJA AEROSPACE & AVIATION 's P/B Ratio benchmark against top 10 peers in Airlines Industry?

Peer Comparison (Airlines Industry)Book ValuePB RatioMarket Cap
TANEJA AEROSPACE & AVIATION 130.427.881,028.2
INTERGLOBE AVIATION LTD1,935.5881.24157,247.0
SPICEJET LTD-5,217.34-1.357,040.3
TAAL ENTERPRISES LTD162.285.11829.4
JET AIRWAYS (INDIA) LTD-17,506.50-0.02386.7
GLOBAL VECTRA HELICORP LTD21.8114.29311.6

Airlines Industry Benchmark (Top 10) PB Analysis vs TANEJA AEROSPACE & AVIATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.35x
Max industry PB 81.24x
Median industry PB 7.88x
Average industry PB 17.86x



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