Home > PB Ratio > BHARAT SEATS

BHARAT SEATS
PB (Price/Book ) Ratio

The Current P/B Ratio of BHARAT SEATS is 3.30.

Share Price ₹153.8Apr 19,2024
Market Cap ₹482.9 Cr
Book Value₹146.3 CrMar2023 - Standalone Results
Price/Book 3.30xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for BHARAT SEATS
Please provide your vote to see the results

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

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 SEATS is calculated as :

Current Market Cap [ ₹482.9 Cr] as on Apr 19,2024

(/) Book Value [ ₹146.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.30x ]

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

Thus, for BHARAT SEATS , the investors are currently willing to pay '3.30 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 SEATS !

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

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


PB Ratio Performance Analysis for BHARAT SEATS

- BHARAT SEATS 's latest p/b ratio is 3.30x.

- BHARAT SEATS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.

- BHARAT SEATS 's operated at median p/b ratio of 1.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT SEATS 's p/b ratio peaked in Mar2019 at 2.74x.

- BHARAT SEATS 's p/b ratio hit its five-year low in Mar2020 of 0.98x.


How does BHARAT SEATS 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
BHARAT SEATS 146.343.30482.9
BOSCH LTD11,005.107.9887,818.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.8486,128.3
SONA BLW PRECISION FORGINGS LTD2,285.6017.4839,960.6
UNO MINDA LTD4,140.1510.0541,598.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,409.1110.8126,047.2
ENDURANCE TECHNOLOGIES LTD4,412.135.8725,896.7
JBM AUTO LTD1,029.7620.0620,656.6
TVS HOLDINGS LTD3,240.995.1316,640.3
MINDA CORPORATION LTD1,585.806.109,668.4
CRAFTSMAN AUTOMATION LTD1,376.906.629,116.9

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs BHARAT SEATS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.30x
Max industry PB 20.06x
Median industry PB 6.62x
Average industry PB 8.84x



You may also like the below Video Courses