TVS ELECTRONICS
|
The Current P/B Ratio of TVS ELECTRONICS is 7.12.
Share Price | ₹376.2 | Nov 12,2024 |
Market Cap | ₹703.4 Cr | |
Book Value | ₹98.8 Cr | Mar2024 - Standalone Results |
Price/Book | 7.12x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TVS ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹703.4 Cr] as on Nov 12,2024
(/) Book Value [ ₹98.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 7.12x ]
Thus, for TVS ELECTRONICS , the investors are currently willing to pay '7.12 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 TVS ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of TVS ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of TVS ELECTRONICS
PB Ratio Performance Analysis for TVS ELECTRONICS
- TVS ELECTRONICS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.02x.
- TVS ELECTRONICS 's operated at median p/b ratio of 4.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TVS ELECTRONICS 's p/b ratio peaked in Mar2023 at 6.08x.
- TVS ELECTRONICS 's p/b ratio hit its five-year low in Mar2020 of 1.23x.
How does TVS ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TVS ELECTRONICS | 98.79 | 7.12 | 703.4 |
ADANI ENTERPRISES LTD | 36,452.10 | 9.08 | 330,863.0 |
REDINGTON LTD | 7,548.12 | 1.97 | 14,861.5 |
HONASA CONSUMER LTD | 1,070.46 | 11.35 | 12,153.3 |
MMTC LTD | 1,625.68 | 7.32 | 11,893.5 |
MSTC LTD | 889.04 | 4.71 | 4,188.5 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.48 | 5,788.2 |
VERITAS (INDIA) LTD | 2,510.14 | 1.02 | 2,571.1 |
NOVARTIS INDIA LTD | 744.82 | 3.56 | 2,648.8 |
OPTIEMUS INFRACOM LTD | 426.48 | 12.97 | 5,529.6 |
MISHTANN FOODS LTD | 203.69 | 7.54 | 1,536.7 |
Trading Industry Benchmark (Top 10) PB Analysis vs TVS ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.02x |
Max industry PB | 12.97x |
Median industry PB | 7.12x |
Average industry PB | 6.37x |
You may also like the below Video Courses