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ABB INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ABB INDIA is 22.43.

Share Price ₹6,291.2Apr 19,2024
Market Cap ₹133,310.5 Cr
Book Value₹5,944.5 CrDec2023 - Standalone Results
Price/Book 22.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ABB INDIA

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 ABB INDIA is calculated as :

Current Market Cap [ ₹133,310.5 Cr] as on Apr 19,2024

(/) Book Value [ ₹5,944.5 Cr] based on Dec2023 - Standalone Results

(=) P/B Ratio [ 22.43x ]

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

Thus, for ABB INDIA , the investors are currently willing to pay '22.43 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 ABB INDIA !

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

Historical PB (Price/Book ) ratio chart of ABB INDIA


PB Ratio Performance Analysis for ABB INDIA

- ABB INDIA 's latest p/b ratio is 22.43x.

- ABB INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 10.95x.

- ABB INDIA 's operated at median p/b ratio of 11.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ABB INDIA 's p/b ratio peaked in Dec2023 at 16.66x.

- ABB INDIA 's p/b ratio hit its five-year low in Dec2020 of 7.12x.


How does ABB INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
ABB INDIA 5,944.5322.43133,310.5
SIEMENS LTD13,087.1015.21199,009.0
HAVELLS INDIA LTD6,623.1514.2194,087.1
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4945.5581,292.3
SUZLON ENERGY LTD1,099.1448.8153,647.6
HITACHI ENERGY INDIA LTD1,215.3128.7434,933.9
APAR INDUSTRIES LTD2,236.3912.7228,441.6
GE T&D INDIA LTD1,072.7122.9624,626.6
INOX WIND LTD1,736.3110.6918,562.8
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69124.7817,180.8
VGUARD INDUSTRIES LTD1,564.789.4514,782.2

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs ABB INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 9.45x
Max industry PB 124.78x
Median industry PB 22.43x
Average industry PB 32.32x



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