Home > PB Ratio > TITAGARH RAILSYSTEMS

TITAGARH RAILSYSTEMS
PB (Price/Book ) Ratio

The Current P/B Ratio of TITAGARH RAILSYSTEMS is 7.95.

Share Price ₹1,308.8Dec 20,2024
Market Cap ₹17,629.5 Cr
Book Value₹2,218.3 CrMar2024 - Consolidated Results
Price/Book 7.95xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TITAGARH RAILSYSTEMS
Please provide your vote to see the results
TITAGARH RAILSYSTEMS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of TITAGARH RAILSYSTEMS

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 TITAGARH RAILSYSTEMS is calculated as :

Current Market Cap [ ₹17,629.5 Cr] as on Dec 20,2024

(/) Book Value [ ₹2,218.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.95x ]

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

Thus, for TITAGARH RAILSYSTEMS , the investors are currently willing to pay '7.95 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 TITAGARH RAILSYSTEMS !

The chart below summarizes the trend in P/B Ratio of TITAGARH RAILSYSTEMS over the last five years.

Historical PB (Price/Book ) ratio chart of TITAGARH RAILSYSTEMS


PB Ratio Performance Analysis for TITAGARH RAILSYSTEMS

- TITAGARH RAILSYSTEMS 's latest p/b ratio is 7.95x.

- TITAGARH RAILSYSTEMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.25x.

- TITAGARH RAILSYSTEMS 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TITAGARH RAILSYSTEMS 's p/b ratio peaked in Mar2024 at 5.57x.

- TITAGARH RAILSYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


How does TITAGARH RAILSYSTEMS 's P/B Ratio benchmark against top 10 peers in Railways Wagons Industry?

Peer Comparison (Railways Wagons Industry)Book ValuePB RatioMarket Cap
TITAGARH RAILSYSTEMS 2,218.337.9517,629.5
JUPITER WAGONS LTD1,616.1614.1622,880.4
TEXMACO RAIL & ENGINEERING LTD2,532.963.388,552.6

Railways Wagons Industry Benchmark (Top 10) PB Analysis vs TITAGARH RAILSYSTEMS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.38x
Max industry PB 14.16x
Median industry PB 7.95x
Average industry PB 8.49x



You may also like the below Video Courses