ESCORTS
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The Current P/B Ratio of ESCORTS is 3.78.
Share Price | ₹2,798.6 | Mar 27,2024 |
Market Cap | ₹30,924.0 Cr | |
Book Value | ₹8,174.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.78x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ESCORTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹30,924.0 Cr] as on Mar 27,2024
(/) Book Value [ ₹8,174.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.78x ]
Thus, for ESCORTS , the investors are currently willing to pay '3.78 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 ESCORTS !
The chart below summarizes the trend in P/B Ratio of ESCORTS over the last five years.
Historical PB (Price/Book ) ratio chart of ESCORTS
PB Ratio Performance Analysis for ESCORTS
- ESCORTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.15x.
- ESCORTS 's operated at median p/b ratio of 3.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ESCORTS 's p/b ratio peaked in Mar2019 at 3.66x.
- ESCORTS 's p/b ratio hit its five-year low in Mar2020 of 2.61x.
How does ESCORTS 's P/B Ratio benchmark against top 10 peers in Automobiles-Tractors Industry?
Peer Comparison (Automobiles-Tractors Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ESCORTS | 8,174.41 | 3.78 | 30,924.0 |
HMT LTD | -4,303.13 | -1.27 | 5,447.3 |
VST TILLERS TRACTORS LTD | 824.45 | 3.48 | 2,869.1 |
Automobiles-Tractors Industry Benchmark (Top 10) PB Analysis vs ESCORTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -1.27x |
Max industry PB | 3.78x |
Median industry PB | 3.48x |
Average industry PB | 2.00x |
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