TEXMACO RAIL & ENGINEERING
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The Current P/B Ratio of TEXMACO RAIL & ENGINEERING is 3.26.
Share Price | ₹207.0 | Dec 23,2024 |
Market Cap | ₹8,269.7 Cr | |
Book Value | ₹2,533.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.26x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TEXMACO RAIL & ENGINEERING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,269.7 Cr] as on Dec 23,2024
(/) Book Value [ ₹2,533.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.26x ]
Thus, for TEXMACO RAIL & ENGINEERING , the investors are currently willing to pay '3.26 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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TEXMACO RAIL & ENGINEERING | 2,532.96 | 3.26 | 8,269.7 |
JUPITER WAGONS LTD | 1,616.16 | 13.79 | 22,281.9 |
TITAGARH RAILSYSTEMS LTD | 2,218.33 | 7.64 | 16,950.7 |
Railways Wagons Industry Benchmark (Top 10) PB Analysis vs TEXMACO RAIL & ENGINEERING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.26x |
Max industry PB | 13.79x |
Median industry PB | 7.64x |
Average industry PB | 8.23x |
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