BEML
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The Current P/B Ratio of BEML is 6.03.
Share Price | ₹3,508.9 | Apr 23,2024 |
Market Cap | ₹14,597.0 Cr | |
Book Value | ₹2,421.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 6.03x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BEML
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
BEML | 2,421.48 | 6.03 | 14,597.0 |
ACTION CONSTRUCTION EQUIPMENT LTD | 918.56 | 19.54 | 17,945.2 |
SANGHVI MOVERS LTD | 841.72 | 7.08 | 5,959.5 |
TIL LTD | -292.36 | -5.14 | 1,503.2 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 14.93 | 14.42 | 215.3 |
Construction Vehicles Industry Benchmark (Top 10) PB Analysis vs BEML 's P/B Ratio
Top 10 Industry Peers | PB 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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