BHARAT BIJLEE
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The Current P/B Ratio of BHARAT BIJLEE is 2.65.
Share Price | ₹6,409.5 | Mar 28,2024 |
Market Cap | ₹3,653.4 Cr | |
Book Value | ₹1,377.7 Cr | Mar2023 - Standalone Results |
Price/Book | 2.65x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BHARAT BIJLEE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,653.4 Cr] as on Mar 28,2024
(/) Book Value [ ₹1,377.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.65x ]
Thus, for BHARAT BIJLEE , the investors are currently willing to pay '2.65 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 BHARAT BIJLEE !
The chart below summarizes the trend in P/B Ratio of BHARAT BIJLEE over the last five years.
Historical PB (Price/Book ) ratio chart of BHARAT BIJLEE
PB Ratio Performance Analysis for BHARAT BIJLEE
- BHARAT BIJLEE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.76x.
- BHARAT BIJLEE 's operated at median p/b ratio of 0.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT BIJLEE 's p/b ratio peaked in Mar2023 at 1.04x.
- BHARAT BIJLEE 's p/b ratio hit its five-year low in Mar2020 of 0.42x.
How does BHARAT BIJLEE 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BHARAT BIJLEE | 1,377.70 | 2.65 | 3,653.4 |
SIEMENS LTD | 13,087.10 | 14.63 | 191,427.0 |
ABB INDIA LTD | 5,944.60 | 22.68 | 134,844.0 |
HAVELLS INDIA LTD | 6,623.15 | 14.33 | 94,934.4 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,784.49 | 46.21 | 82,468.4 |
SUZLON ENERGY LTD | 1,099.14 | 50.12 | 55,090.6 |
HITACHI ENERGY INDIA LTD | 1,215.31 | 24.29 | 29,518.6 |
APAR INDUSTRIES LTD | 2,236.39 | 12.55 | 28,064.8 |
GE T&D INDIA LTD | 1,072.71 | 20.30 | 21,778.0 |
INOX WIND LTD | 1,736.31 | 9.79 | 16,996.6 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 137.69 | 127.95 | 17,618.4 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs BHARAT BIJLEE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.65x |
Max industry PB | 127.95x |
Median industry PB | 20.30x |
Average industry PB | 31.41x |
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