TITAGARH RAILSYSTEMS
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The Current P/B Ratio of TITAGARH RAILSYSTEMS is 7.95.
Share Price | ₹1,308.8 | Dec 20,2024 |
Market Cap | ₹17,629.5 Cr | |
Book Value | ₹2,218.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.95x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TITAGARH RAILSYSTEMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TITAGARH RAILSYSTEMS | 2,218.33 | 7.95 | 17,629.5 |
JUPITER WAGONS LTD | 1,616.16 | 14.16 | 22,880.4 |
TEXMACO RAIL & ENGINEERING LTD | 2,532.96 | 3.38 | 8,552.6 |
Railways Wagons Industry Benchmark (Top 10) PB Analysis vs TITAGARH RAILSYSTEMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.38x |
Max industry PB | 14.16x |
Median industry PB | 7.95x |
Average industry PB | 8.49x |
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