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AIA ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of AIA ENGINEERING is 6.35.

Share Price ₹3,834.3Apr 19,2024
Market Cap ₹36,157.0 Cr
Book Value₹5,691.3 CrMar2023 - Consolidated Results
Price/Book 6.35xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AIA ENGINEERING

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 AIA ENGINEERING is calculated as :

Current Market Cap [ ₹36,157.0 Cr] as on Apr 19,2024

(/) Book Value [ ₹5,691.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.35x ]

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

Thus, for AIA ENGINEERING , the investors are currently willing to pay '6.35 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 AIA ENGINEERING !

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

Historical PB (Price/Book ) ratio chart of AIA ENGINEERING


PB Ratio Performance Analysis for AIA ENGINEERING

- AIA ENGINEERING 's latest p/b ratio is 6.35x.

- AIA ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.18x.

- AIA ENGINEERING 's operated at median p/b ratio of 4.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIA ENGINEERING 's p/b ratio peaked in Mar2023 at 4.81x.

- AIA ENGINEERING 's p/b ratio hit its five-year low in Mar2022 of 3.23x.


How does AIA ENGINEERING 's P/B Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Book ValuePB RatioMarket Cap
AIA ENGINEERING 5,691.336.3536,157.0
PTC INDUSTRIES LTD267.5441.2711,042.4
ELECTROSTEEL CASTINGS LTD4,357.642.7912,159.7
KIRLOSKAR FERROUS INDUSTRIES LTD2,082.424.068,448.4
ALICON CASTALLOY LTD487.852.931,429.2
STEELCAST LTD215.216.081,308.4
NELCAST LTD468.402.801,310.2
UNI ABEX ALLOY PRODUCTS LTD81.596.92564.5
SYNERGY GREEN INDUSTRIES LTD45.8210.70490.4
NITIN CASTINGS LTD59.925.43325.2
INVESTMENT & PRECISION CASTINGS LTD78.393.83300.3

Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs AIA ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.79x
Max industry PB 41.27x
Median industry PB 5.43x
Average industry PB 8.47x



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