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AARON INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of AARON INDUSTRIES is 13.08.

Share Price ₹255.1Apr 23,2024
Market Cap ₹267.9 Cr
Book Value₹20.5 CrMar2023 - Standalone Results
Price/Book 13.08xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AARON INDUSTRIES

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 AARON INDUSTRIES is calculated as :

Current Market Cap [ ₹267.9 Cr] as on Apr 23,2024

(/) Book Value [ ₹20.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 13.08x ]

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

Thus, for AARON INDUSTRIES , the investors are currently willing to pay '13.08 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 AARON INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of AARON INDUSTRIES


PB Ratio Performance Analysis for AARON INDUSTRIES

- AARON INDUSTRIES 's latest p/b ratio is 13.08x.

- AARON INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.07x.

- AARON INDUSTRIES 's operated at median p/b ratio of 4.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AARON INDUSTRIES 's p/b ratio peaked in Mar2023 at 8.99x.

- AARON INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 2.05x.


How does AARON INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
AARON INDUSTRIES 20.4813.08267.9
RITES LTD2,603.786.1916,108.6
ENGINEERS INDIA LTD1,961.525.9611,682.0
MTAR TECHNOLOGIES LTD620.139.265,741.4
KENNAMETAL INDIA LTD687.407.945,460.7
INOX GREEN ENERGY SERVICES LTD1,127.363.834,318.9
THEJO ENGINEERING LTD194.3416.683,241.7
DIVGI TORQTRANSFER SYSTEMS LTD551.284.592,532.9
PITTI ENGINEERING LTD334.047.852,623.0
DEEP INDUSTRIES LTD1,370.151.381,886.7
LOKESH MACHINES LTD158.985.06804.2

Engineering Industry Benchmark (Top 10) PB Analysis vs AARON INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.38x
Max industry PB 16.68x
Median industry PB 6.19x
Average industry PB 7.44x



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