ZF STEERING GEAR (INDIA)
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The Current P/B Ratio of ZF STEERING GEAR (INDIA) is 2.57.
Share Price | ₹1,294.2 | Jan 29,2025 |
Market Cap | ₹1,177.7 Cr | |
Book Value | ₹458.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.57x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ZF STEERING GEAR (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,177.7 Cr] as on Jan 29,2025
(/) Book Value [ ₹458.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.57x ]
Thus, for ZF STEERING GEAR (INDIA) , the investors are currently willing to pay '2.57 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 ZF STEERING GEAR (INDIA) !
The chart below summarizes the trend in P/B Ratio of ZF STEERING GEAR (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of ZF STEERING GEAR (INDIA)
PB Ratio Performance Analysis for ZF STEERING GEAR (INDIA)
- ZF STEERING GEAR (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2017 averaged 2.42x.
- ZF STEERING GEAR (INDIA) 's operated at median p/b ratio of 1.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZF STEERING GEAR (INDIA) 's p/b ratio peaked in Mar2017 at 4.56x.
- ZF STEERING GEAR (INDIA) 's p/b ratio hit its five-year low in Mar2023 of 0.92x.
How does ZF STEERING GEAR (INDIA) 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ZF STEERING GEAR (INDIA) | 458.21 | 2.57 | 1,177.7 |
BOSCH LTD | 12,056.90 | 6.88 | 82,995.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 26,154.90 | 3.80 | 99,352.5 |
SONA BLW PRECISION FORGINGS LTD | 2,634.82 | 11.86 | 31,256.9 |
UNO MINDA LTD | 4,913.54 | 10.47 | 51,439.3 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,790.32 | 7.32 | 20,432.7 |
ENDURANCE TECHNOLOGIES LTD | 4,977.44 | 5.53 | 27,524.9 |
JBM AUTO LTD | 1,167.67 | 14.17 | 16,548.1 |
TVS HOLDINGS LTD | 2,840.07 | 6.77 | 19,236.6 |
MINDA CORPORATION LTD | 1,978.90 | 6.61 | 13,075.2 |
CRAFTSMAN AUTOMATION LTD | 1,657.98 | 6.20 | 10,272.0 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ZF STEERING GEAR (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.57x |
Max industry PB | 14.17x |
Median industry PB | 6.77x |
Average industry PB | 7.47x |
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