TVS SRICHAKRA
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The Current P/B Ratio of TVS SRICHAKRA is 2.11.
Share Price | ₹3,050.0 | Feb 10,2025 |
Market Cap | ₹2,348.5 Cr | |
Book Value | ₹1,112.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.11x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TVS SRICHAKRA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,348.5 Cr] as on Feb 10,2025
(/) Book Value [ ₹1,112.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.11x ]
Thus, for TVS SRICHAKRA , the investors are currently willing to pay '2.11 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 SRICHAKRA !
The chart below summarizes the trend in P/B Ratio of TVS SRICHAKRA over the last five years.
Historical PB (Price/Book ) ratio chart of TVS SRICHAKRA
PB Ratio Performance Analysis for TVS SRICHAKRA
- TVS SRICHAKRA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.68x.
- TVS SRICHAKRA 's operated at median p/b ratio of 1.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TVS SRICHAKRA 's p/b ratio peaked in Mar2024 at 2.69x.
- TVS SRICHAKRA 's p/b ratio hit its five-year low in Mar2020 of 0.92x.
How does TVS SRICHAKRA 's P/B Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TVS SRICHAKRA | 1,112.13 | 2.11 | 2,348.5 |
MRF LTD | 16,703.00 | 2.82 | 47,112.2 |
BALKRISHNA INDUSTRIES LTD | 8,853.82 | 5.83 | 51,617.6 |
APOLLO TYRES LTD | 13,902.20 | 1.93 | 26,836.2 |
JK TYRE & INDUSTRIES LTD | 4,486.71 | 1.83 | 8,211.0 |
CEAT LTD | 4,042.61 | 2.86 | 11,581.5 |
GOODYEAR INDIA LTD | 581.45 | 3.77 | 2,190.6 |
Tyres & Allied Industry Benchmark (Top 10) PB Analysis vs TVS SRICHAKRA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.83x |
Max industry PB | 5.83x |
Median industry PB | 2.82x |
Average industry PB | 3.02x |
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