ATAM VALVES
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The Current P/B Ratio of ATAM VALVES is 7.86.
Share Price | ₹212.1 | May 14,2024 |
Market Cap | ₹243.9 Cr | |
Book Value | ₹31.0 Cr | Mar2024 - Standalone Results |
Price/Book | 7.86x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ATAM VALVES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹243.9 Cr] as on May 14,2024
(/) Book Value [ ₹31.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 7.86x ]
Thus, for ATAM VALVES , the investors are currently willing to pay '7.86 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 ATAM VALVES !
The chart below summarizes the trend in P/B Ratio of ATAM VALVES over the last five years.
Historical PB (Price/Book ) ratio chart of ATAM VALVES
PB Ratio Performance Analysis for ATAM VALVES
- ATAM VALVES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.89x.
- ATAM VALVES 's operated at median p/b ratio of 1.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ATAM VALVES 's p/b ratio peaked in Mar2023 at 8.56x.
- ATAM VALVES 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does ATAM VALVES 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ATAM VALVES | 31.05 | 7.86 | 243.9 |
BHARAT ELECTRONICS LTD | 13,861.60 | 12.18 | 168,783.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.74 | 100,336.0 |
THERMAX LTD | 4,439.80 | 12.59 | 55,913.5 |
TRIVENI TURBINE LTD | 760.35 | 23.21 | 17,645.3 |
KIRLOSKAR OIL ENGINES LTD | 2,676.21 | 6.17 | 16,523.9 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.67 | 12,295.4 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.62 | 9,270.6 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.85 | 8,929.8 |
KIRLOSKAR BROTHERS LTD | 1,719.00 | 7.06 | 12,135.3 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.73 | 10,205.9 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs ATAM VALVES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.74x |
Max industry PB | 23.21x |
Median industry PB | 7.86x |
Average industry PB | 9.52x |
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