TIL
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The Current P/B Ratio of TIL is 65.38.
| Share Price | ₹310.1 | Dec 13,2024 |
| Market Cap | ₹2,065.3 Cr | |
| Book Value | ₹31.6 Cr | Mar2024 - Consolidated Results |
| Price/Book | 65.38x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TIL
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 [ ₹2,065.3 Cr] as on Dec 13,2024
(/) Book Value [ ₹31.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 65.38x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TIL , the investors are currently willing to pay '65.38 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 TIL !
The chart below summarizes the trend in P/B Ratio of TIL over the last five years.
Thus, for TIL , the investors are currently willing to pay '65.38 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 TIL !
The chart below summarizes the trend in P/B Ratio of TIL over the last five years.
Historical PB (Price/Book ) ratio chart of TIL
PB Ratio Performance Analysis for TIL
- TIL 's latest p/b ratio is 65.38x.
- TIL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.86x.
- TIL 's operated at median p/b ratio of 0.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIL 's p/b ratio peaked in Mar2024 at 9.32x.
- TIL 's p/b ratio hit its five-year low in Mar2022 of -0.51x.
- TIL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.86x.
- TIL 's operated at median p/b ratio of 0.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIL 's p/b ratio peaked in Mar2024 at 9.32x.
- TIL 's p/b ratio hit its five-year low in Mar2022 of -0.51x.
How does TIL 's P/B Ratio benchmark against top 10 peers in Construction Vehicles Industry?
| Peer Comparison (Construction Vehicles Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TIL | 31.59 | 65.38 | 2,065.3 |
| ACTION CONSTRUCTION EQUIPMENT LTD | 1,229.11 | 13.00 | 15,977.4 |
| BEML LTD | 2,667.97 | 6.87 | 18,333.8 |
| SANGHVI MOVERS LTD | 841.72 | 3.43 | 2,884.3 |
| BRADY & MORRIS ENGINEERING COMPANY LTD | 23.32 | 16.89 | 393.8 |
Construction Vehicles Industry Benchmark (Top 10) PB Analysis vs TIL 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 3.43x |
| Max industry PB | 65.38x |
| Median industry PB | 13.00x |
| Average industry PB | 21.11x |
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