Home > PB Ratio > TVS SRICHAKRA

TVS SRICHAKRA
PB (Price/Book ) Ratio

The Current P/B Ratio of TVS SRICHAKRA is 2.11.

Share Price ₹3,050.0Feb 10,2025
Market Cap ₹2,348.5 Cr
Book Value₹1,112.1 CrMar2024 - Consolidated Results
Price/Book 2.11xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TVS SRICHAKRA
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of TVS SRICHAKRA

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 TVS SRICHAKRA is calculated as :

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 ]

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

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 latest p/b ratio is 2.11x.

- 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 ValuePB RatioMarket Cap
TVS SRICHAKRA 1,112.132.112,348.5
MRF LTD16,703.002.8247,112.2
BALKRISHNA INDUSTRIES LTD8,853.825.8351,617.6
APOLLO TYRES LTD13,902.201.9326,836.2
JK TYRE & INDUSTRIES LTD4,486.711.838,211.0
CEAT LTD4,042.612.8611,581.5
GOODYEAR INDIA LTD581.453.772,190.6

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.83x
Max industry PB 5.83x
Median industry PB 2.82x
Average industry PB 3.02x



You may also like the below Video Courses