THEJO ENGINEERING
|
The Current P/B Ratio of THEJO ENGINEERING is 9.15.
| Share Price | ₹2,106.8 | Dec 20,2024 |
| Market Cap | ₹2,275.3 Cr | |
| Book Value | ₹248.6 Cr | Mar2024 - Consolidated Results |
| Price/Book | 9.15x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of THEJO 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
Current Market Cap [ ₹2,275.3 Cr] as on Dec 20,2024
(/) Book Value [ ₹248.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 9.15x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for THEJO ENGINEERING , the investors are currently willing to pay '9.15 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 THEJO ENGINEERING !
The chart below summarizes the trend in P/B Ratio of THEJO ENGINEERING over the last five years.
Thus, for THEJO ENGINEERING , the investors are currently willing to pay '9.15 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 THEJO ENGINEERING !
The chart below summarizes the trend in P/B Ratio of THEJO ENGINEERING over the last five years.
Historical PB (Price/Book ) ratio chart of THEJO ENGINEERING
PB Ratio Performance Analysis for THEJO ENGINEERING
- THEJO ENGINEERING 's latest p/b ratio is 9.15x.
- THEJO ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.11x.
- THEJO ENGINEERING 's operated at median p/b ratio of 7.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THEJO ENGINEERING 's p/b ratio peaked in Mar2024 at 10.59x.
- THEJO ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 1.56x.
- THEJO ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.11x.
- THEJO ENGINEERING 's operated at median p/b ratio of 7.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THEJO ENGINEERING 's p/b ratio peaked in Mar2024 at 10.59x.
- THEJO ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 1.56x.
How does THEJO ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering Industry?
| Peer Comparison (Engineering Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| THEJO ENGINEERING | 248.62 | 9.15 | 2,275.3 |
| RITES LTD | 2,609.01 | 5.17 | 13,485.7 |
| ENGINEERS INDIA LTD | 2,255.31 | 4.58 | 10,333.2 |
| MTAR TECHNOLOGIES LTD | 676.33 | 7.83 | 5,293.7 |
| KENNAMETAL INDIA LTD | 732.30 | 9.57 | 7,009.6 |
| INOX GREEN ENERGY SERVICES LTD | 1,345.03 | 4.59 | 6,178.7 |
| DIVGI TORQTRANSFER SYSTEMS LTD | 580.34 | 3.41 | 1,979.3 |
| PITTI ENGINEERING LTD | 416.22 | 12.25 | 5,098.5 |
| DEEP INDUSTRIES LTD | 1,443.25 | 2.57 | 3,710.4 |
| LOKESH MACHINES LTD | 186.87 | 3.41 | 637.7 |
| PRITIKA AUTO INDUSTRIES LTD | 208.89 | 1.97 | 410.8 |
Engineering Industry Benchmark (Top 10) PB Analysis vs THEJO ENGINEERING 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.97x |
| Max industry PB | 12.25x |
| Median industry PB | 4.59x |
| Average industry PB | 5.86x |
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