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ESAB INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ESAB INDIA is 29.82.

Share Price ₹5,039.1May 10,2024
Market Cap ₹7,760.1 Cr
Book Value₹260.3 CrMar2023 - Standalone Results
Price/Book 29.82xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ESAB 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 ESAB INDIA is calculated as :

Current Market Cap [ ₹7,760.1 Cr] as on May 10,2024

(/) Book Value [ ₹260.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 29.82x ]

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

Thus, for ESAB INDIA , the investors are currently willing to pay '29.82 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 ESAB INDIA !

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

Historical PB (Price/Book ) ratio chart of ESAB INDIA


PB Ratio Performance Analysis for ESAB INDIA

- ESAB INDIA 's latest p/b ratio is 29.82x.

- ESAB INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.17x.

- ESAB INDIA 's operated at median p/b ratio of 10.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ESAB INDIA 's p/b ratio peaked in Mar2023 at 20.91x.

- ESAB INDIA 's p/b ratio hit its five-year low in Mar2020 of 4.9x.


How does ESAB INDIA 's P/B Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?

Peer Comparison (Electrodes & Welding Equipment Industry)Book ValuePB RatioMarket Cap
ESAB INDIA 260.2729.827,760.1
GRAPHITE INDIA LTD5,611.001.9610,990.8
HEG LTD4,280.942.159,205.0
ADOR WELDING LTD362.384.871,766.1
DE NORA INDIA LTD119.696.58787.5
ADOR FONTECH LTD126.574.03510.0
GEE LTD193.001.53295.0
PANASONIC CARBON INDIA COMPANY LTD144.051.64236.8

Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs ESAB INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.53x
Max industry PB 29.82x
Median industry PB 4.03x
Average industry PB 6.57x



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