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TOLINS TYRES
PB (Price/Book ) Ratio

The Current P/B Ratio of TOLINS TYRES is 4.87.

Share Price ₹123.9Apr 15,2025
Market Cap ₹489.4 Cr
Book Value₹100.5 CrMar2024 - Consolidated Results
Price/Book 4.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TOLINS TYRES

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 TOLINS TYRES is calculated as :

Current Market Cap [ ₹489.4 Cr] as on Apr 15,2025

(/) Book Value [ ₹100.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.87x ]

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

Thus, for TOLINS TYRES , the investors are currently willing to pay '4.87 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 TOLINS TYRES !

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

Historical PB (Price/Book ) ratio chart of TOLINS TYRES


PB Ratio Performance Analysis for TOLINS TYRES

- TOLINS TYRES 's latest p/b ratio is 4.87x.

- TOLINS TYRES 's p/b ratio for fiscal years ending Mar2024 to Mar2024 averaged 0.00x.

- TOLINS TYRES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 1 fiscal years, TOLINS TYRES 's p/b ratio peaked in Mar2024 at 0x.

- TOLINS TYRES 's p/b ratio hit its five-year low in Mar2024 of 0x.


How does TOLINS TYRES 's P/B Ratio benchmark against top 10 peers in Tyres & Allied Industry?

Peer Comparison (Tyres & Allied Industry)Book ValuePB RatioMarket Cap
TOLINS TYRES 100.534.87489.4
BALKRISHNA INDUSTRIES LTD8,853.825.4448,152.4
MRF LTD16,703.003.1252,119.1
APOLLO TYRES LTD13,902.202.0127,887.3
CEAT LTD4,042.612.9111,745.1
JK TYRE & INDUSTRIES LTD4,486.711.848,249.4
TVS SRICHAKRA LTD1,112.131.872,081.2
GOODYEAR INDIA LTD581.453.411,982.8

Tyres & Allied Industry Benchmark (Top 10) PB Analysis vs TOLINS TYRES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.84x
Max industry PB 5.44x
Median industry PB 3.12x
Average industry PB 3.18x



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