TIL
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The Current P/B Ratio of TIL is 67.08.
Share Price | ₹318.2 | Dec 11,2024 |
Market Cap | ₹2,119.2 Cr | |
Book Value | ₹31.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 67.08x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,119.2 Cr] as on Dec 11,2024
(/) Book Value [ ₹31.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 67.08x ]
Thus, for TIL , the investors are currently willing to pay '67.08 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 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 | 67.08 | 2,119.2 |
ACTION CONSTRUCTION EQUIPMENT LTD | 1,229.11 | 13.63 | 16,757.4 |
BEML LTD | 2,667.97 | 6.97 | 18,593.2 |
SANGHVI MOVERS LTD | 841.72 | 3.58 | 3,013.7 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 23.32 | 17.99 | 419.4 |
Construction Vehicles Industry Benchmark (Top 10) PB Analysis vs TIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.58x |
Max industry PB | 67.08x |
Median industry PB | 13.63x |
Average industry PB | 21.85x |
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