Home > PB Ratio > BHARAT ELECTRONICS

BHARAT ELECTRONICS
PB (Price/Book ) Ratio

The Current P/B Ratio of BHARAT ELECTRONICS is 10.62.

Share Price ₹201.5Mar 28,2024
Market Cap ₹147,255.9 Cr
Book Value₹13,861.6 CrMar2023 - Consolidated Results
Price/Book 10.62xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for BHARAT ELECTRONICS
Please provide your vote to see the results
BHARAT ELECTRONICS is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of BHARAT ELECTRONICS

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 BHARAT ELECTRONICS is calculated as :

Current Market Cap [ ₹147,255.9 Cr] as on Mar 28,2024

(/) Book Value [ ₹13,861.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.62x ]

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

Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay '10.62 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 ELECTRONICS !

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

Historical PB (Price/Book ) ratio chart of BHARAT ELECTRONICS


PB Ratio Performance Analysis for BHARAT ELECTRONICS

- BHARAT ELECTRONICS 's latest p/b ratio is 10.62x.

- BHARAT ELECTRONICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.27x.

- BHARAT ELECTRONICS 's operated at median p/b ratio of 2.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/b ratio peaked in Mar2023 at 5.14x.

- BHARAT ELECTRONICS 's p/b ratio hit its five-year low in Mar2020 of 1.8x.


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

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
BHARAT ELECTRONICS 13,861.6010.62147,255.9
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
ION EXCHANGE (INDIA) LTD833.498.927,438.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.21x
Max industry PB 22.45x
Median industry PB 8.33x
Average industry PB 9.16x



You may also like the below Video Courses