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ESCORTS
PB (Price/Book ) Ratio

The Current P/B Ratio of ESCORTS is 3.78.

Share Price ₹2,798.6Mar 27,2024
Market Cap ₹30,924.0 Cr
Book Value₹8,174.4 CrMar2023 - Consolidated Results
Price/Book 3.78xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ESCORTS

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 ESCORTS is calculated as :

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 ]

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

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 latest p/b ratio is 3.78x.

- 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 ValuePB RatioMarket Cap
ESCORTS 8,174.413.7830,924.0
HMT LTD-4,303.13-1.275,447.3
VST TILLERS TRACTORS LTD824.453.482,869.1

Automobiles-Tractors Industry Benchmark (Top 10) PB Analysis vs ESCORTS 's P/B Ratio

Top 10 Industry PeersPB 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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