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BEML
PB (Price/Book ) Ratio

The Current P/B Ratio of BEML is 6.03.

Share Price ₹3,508.9Apr 23,2024
Market Cap ₹14,597.0 Cr
Book Value₹2,421.5 CrMar2023 - Consolidated Results
Price/Book 6.03xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BEML

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 BEML is calculated as :

Current Market Cap [ ₹14,597.0 Cr] as on Apr 23,2024

(/) Book Value [ ₹2,421.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.03x ]

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

Thus, for BEML , the investors are currently willing to pay '6.03 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 BEML !

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

Historical PB (Price/Book ) ratio chart of BEML


PB Ratio Performance Analysis for BEML

- BEML 's latest p/b ratio is 6.03x.

- BEML 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.10x.

- BEML 's operated at median p/b ratio of 2.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEML 's p/b ratio peaked in Mar2022 at 3.21x.

- BEML 's p/b ratio hit its five-year low in Mar2020 of 0.84x.


How does BEML 's P/B Ratio benchmark against top 10 peers in Construction Vehicles Industry?

Peer Comparison (Construction Vehicles Industry)Book ValuePB RatioMarket Cap
BEML 2,421.486.0314,597.0
ACTION CONSTRUCTION EQUIPMENT LTD918.5619.5417,945.2
SANGHVI MOVERS LTD841.727.085,959.5
TIL LTD-292.36-5.141,503.2
BRADY & MORRIS ENGINEERING COMPANY LTD14.9314.42215.3

Construction Vehicles Industry Benchmark (Top 10) PB Analysis vs BEML 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -5.14x
Max industry PB 19.54x
Median industry PB 7.08x
Average industry PB 8.39x



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