TANEJA AEROSPACE & AVIATION
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The Current P/B Ratio of TANEJA AEROSPACE & AVIATION is 7.88.
Share Price | ₹403.2 | Nov 21,2024 |
Market Cap | ₹1,028.2 Cr | |
Book Value | ₹130.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.88x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TANEJA AEROSPACE & AVIATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TANEJA AEROSPACE & AVIATION | 130.42 | 7.88 | 1,028.2 |
INTERGLOBE AVIATION LTD | 1,935.58 | 81.24 | 157,247.0 |
SPICEJET LTD | -5,217.34 | -1.35 | 7,040.3 |
TAAL ENTERPRISES LTD | 162.28 | 5.11 | 829.4 |
JET AIRWAYS (INDIA) LTD | -17,506.50 | -0.02 | 386.7 |
GLOBAL VECTRA HELICORP LTD | 21.81 | 14.29 | 311.6 |
Airlines Industry Benchmark (Top 10) PB Analysis vs TANEJA AEROSPACE & AVIATION 's P/B Ratio
Top 10 Industry Peers | PB 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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