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BEMCO HYDRAULICS
PB (Price/Book ) Ratio

The Current P/B Ratio of BEMCO HYDRAULICS is 4.44.

Share Price ₹953.6Mar 28,2024
Market Cap ₹209.8 Cr
Book Value₹47.2 CrMar2023 - Consolidated Results
Price/Book 4.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BEMCO HYDRAULICS

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 BEMCO HYDRAULICS is calculated as :

Current Market Cap [ ₹209.8 Cr] as on Mar 28,2024

(/) Book Value [ ₹47.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.44x ]

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

Thus, for BEMCO HYDRAULICS , the investors are currently willing to pay '4.44 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 BEMCO HYDRAULICS !

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

Historical PB (Price/Book ) ratio chart of BEMCO HYDRAULICS


PB Ratio Performance Analysis for BEMCO HYDRAULICS

- BEMCO HYDRAULICS 's latest p/b ratio is 4.44x.

- BEMCO HYDRAULICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.14x.

- BEMCO HYDRAULICS 's operated at median p/b ratio of 1.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEMCO HYDRAULICS 's p/b ratio peaked in Mar2023 at 1.87x.

- BEMCO HYDRAULICS 's p/b ratio hit its five-year low in Mar2020 of 0.6x.


How does BEMCO HYDRAULICS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
BEMCO HYDRAULICS 47.204.44209.8
BHARAT ELECTRONICS LTD13,861.6010.62147,255.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.2186,076.6
THERMAX LTD3,865.5512.9349,992.0
TRIVENI TURBINE LTD760.3522.4517,068.4
KIRLOSKAR OIL ENGINES LTD2,290.035.4412,454.6
ELECON ENGINEERING COMPANY LTD1,279.118.3310,657.3
PRAJ INDUSTRIES LTD1,075.349.119,791.7
SHRIRAM PISTONS & RINGS LTD1,527.465.658,636.6
KIRLOSKAR BROTHERS LTD1,403.886.258,772.7
TEGA INDUSTRIES LTD1,048.957.888,268.7

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs BEMCO HYDRAULICS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.21x
Max industry PB 22.45x
Median industry PB 7.88x
Average industry PB 8.76x



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