EUREKA FORBES
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The Current P/B Ratio of EUREKA FORBES is 2.40.
Share Price | ₹508.7 | Apr 25,2024 |
Market Cap | ₹9,843.3 Cr | |
Book Value | ₹4,097.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.40x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of EUREKA FORBES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,843.3 Cr] as on Apr 25,2024
(/) Book Value [ ₹4,097.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.40x ]
Thus, for EUREKA FORBES , the investors are currently willing to pay '2.40 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 EUREKA FORBES !
The chart below summarizes the trend in P/B Ratio of EUREKA FORBES over the last five years.
Historical PB (Price/Book ) ratio chart of EUREKA FORBES
PB Ratio Performance Analysis for EUREKA FORBES
- EUREKA FORBES 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 1.29x.
- EUREKA FORBES 's operated at median p/b ratio of 1.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, EUREKA FORBES 's p/b ratio peaked in Mar2023 at 2.01x.
- EUREKA FORBES 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does EUREKA FORBES '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 |
---|---|---|---|
EUREKA FORBES | 4,097.64 | 2.40 | 9,843.3 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,519.58 | 7.89 | 19,888.1 |
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 |
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 EUREKA FORBES '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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