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EIMCO ELECON (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of EIMCO ELECON (INDIA) is 1.99.

Share Price ₹1,600.3May 22,2026
Market Cap ₹928.1 Cr
Book Value₹467.5 CrMar2026 - Standalone Results
Price/Book 1.99xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of EIMCO ELECON (INDIA)

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 EIMCO ELECON (INDIA) is calculated as :

Current Market Cap [ ₹928.1 Cr] as on May 22,2026

(/) Book Value [ ₹467.5 Cr] based on Mar2026 - Standalone Results

(=) P/B Ratio [ 1.99x ]

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

Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay '1.99 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 EIMCO ELECON (INDIA) !

The chart below summarizes the trend in P/B Ratio of EIMCO ELECON (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of EIMCO ELECON (INDIA)


PB Ratio Performance Analysis for EIMCO ELECON (INDIA)

- EIMCO ELECON (INDIA) 's latest p/b ratio is 1.99x.

- EIMCO ELECON (INDIA) 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.18x.

- EIMCO ELECON (INDIA) 's operated at median p/b ratio of 0.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/b ratio peaked in Mar2024 at 2.27x.

- EIMCO ELECON (INDIA) 's p/b ratio hit its five-year low in Mar2022 of 0.54x.


How does EIMCO ELECON (INDIA) 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
EIMCO ELECON (INDIA) 467.511.99928.1
BHARAT HEAVY ELECTRICALS LTD26,146.605.44142,260.0
THERMAX LTD5,549.979.5653,069.8
KIRLOSKAR OIL ENGINES LTD3,620.196.7124,276.3
TRIVENI TURBINE LTD1,446.0015.5422,473.6
JYOTI CNC AUTOMATION LTD1,686.159.0115,187.3
INOX INDIA LTD1,117.6111.7613,141.7
AZAD ENGINEERING LTD1,528.908.6113,170.8
TEGA INDUSTRIES LTD1,396.698.6312,053.5
ELECON ENGINEERING COMPANY LTD2,305.855.1911,968.4
KRN HEAT EXCHANGER AND REFRIGERATION LTD574.0012.066,924.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs EIMCO ELECON (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.99x
Max industry PB 15.54x
Median industry PB 8.63x
Average industry PB 8.59x



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