CROMPTON GREAVES CONSUMER ELECTRICALS
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The Current P/B Ratio of CROMPTON GREAVES CONSUMER ELECTRICALS is 7.89.
Share Price | ₹309.3 | Apr 25,2024 |
Market Cap | ₹19,887.9 Cr | |
Book Value | ₹2,519.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 7.89x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CROMPTON GREAVES CONSUMER ELECTRICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹19,887.9 Cr] as on Apr 25,2024
(/) Book Value [ ₹2,519.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 7.89x ]
Thus, for CROMPTON GREAVES CONSUMER ELECTRICALS , the investors are currently willing to pay '7.89 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 CROMPTON GREAVES CONSUMER ELECTRICALS !
The chart below summarizes the trend in P/B Ratio of CROMPTON GREAVES CONSUMER ELECTRICALS over the last five years.
Historical PB (Price/Book ) ratio chart of CROMPTON GREAVES CONSUMER ELECTRICALS
PB Ratio Performance Analysis for CROMPTON GREAVES CONSUMER ELECTRICALS
- CROMPTON GREAVES CONSUMER ELECTRICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.19x.
- CROMPTON GREAVES CONSUMER ELECTRICALS 's operated at median p/b ratio of 10.23x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CROMPTON GREAVES CONSUMER ELECTRICALS 's p/b ratio peaked in Mar2019 at 14.49x.
- CROMPTON GREAVES CONSUMER ELECTRICALS 's p/b ratio hit its five-year low in Mar2023 of 7.4x.
How does CROMPTON GREAVES CONSUMER ELECTRICALS 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CROMPTON GREAVES CONSUMER ELECTRICALS | 2,519.58 | 7.89 | 19,887.9 |
WHIRLPOOL OF INDIA LTD | 3,452.48 | 5.57 | 19,247.1 |
BAJAJ ELECTRICALS LTD | 1,888.47 | 5.71 | 10,775.8 |
TTK PRESTIGE LTD | 1,938.45 | 5.00 | 9,699.5 |
EUREKA FORBES LTD | 4,097.64 | 2.40 | 9,842.3 |
SYMPHONY LTD | 880.91 | 7.41 | 6,527.8 |
IFB INDUSTRIES LTD | 667.47 | 10.06 | 6,717.4 |
BOROSIL LTD | 858.67 | 4.74 | 4,068.8 |
PG ELECTROPLAST LTD | 391.23 | 13.30 | 5,201.9 |
ORIENT ELECTRIC LTD | 579.48 | 8.00 | 4,635.4 |
HAWKINS COOKERS LTD | 276.13 | 12.32 | 3,401.0 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs CROMPTON GREAVES CONSUMER ELECTRICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.40x |
Max industry PB | 13.30x |
Median industry PB | 7.41x |
Average industry PB | 7.49x |
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