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TEXMACO RAIL & ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of TEXMACO RAIL & ENGINEERING is 3.38.

Share Price ₹214.1Dec 20,2024
Market Cap ₹8,553.3 Cr
Book Value₹2,533.0 CrMar2024 - Consolidated Results
Price/Book 3.38xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TEXMACO RAIL & ENGINEERING

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 TEXMACO RAIL & ENGINEERING is calculated as :

Current Market Cap [ ₹8,553.3 Cr] as on Dec 20,2024

(/) Book Value [ ₹2,533.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.38x ]

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

Thus, for TEXMACO RAIL & ENGINEERING , the investors are currently willing to pay '3.38 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 TEXMACO RAIL & ENGINEERING !

The chart below summarizes the trend in P/B Ratio of TEXMACO RAIL & ENGINEERING over the last five years.

Historical PB (Price/Book ) ratio chart of TEXMACO RAIL & ENGINEERING


PB Ratio Performance Analysis for TEXMACO RAIL & ENGINEERING

- TEXMACO RAIL & ENGINEERING 's latest p/b ratio is 3.38x.

- TEXMACO RAIL & ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.14x.

- TEXMACO RAIL & ENGINEERING 's operated at median p/b ratio of 1.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TEXMACO RAIL & ENGINEERING 's p/b ratio peaked in Mar2024 at 2.64x.

- TEXMACO RAIL & ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 0.43x.


How does TEXMACO RAIL & ENGINEERING 's P/B Ratio benchmark against top 10 peers in Railways Wagons Industry?

Peer Comparison (Railways Wagons Industry)Book ValuePB RatioMarket Cap
TEXMACO RAIL & ENGINEERING 2,532.963.388,553.3
JUPITER WAGONS LTD1,616.1613.7922,281.9
TITAGARH RAILSYSTEMS LTD2,218.337.6416,950.7

Railways Wagons Industry Benchmark (Top 10) PB Analysis vs TEXMACO RAIL & ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.38x
Max industry PB 13.79x
Median industry PB 7.64x
Average industry PB 8.27x



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