Home > PB Ratio > EXIDE INDUSTRIES

EXIDE INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of EXIDE INDUSTRIES is 3.51.

Share Price ₹459.4Apr 16,2024
Market Cap ₹39,049.0 Cr
Book Value₹11,132.3 CrMar2023 - Consolidated Results
Price/Book 3.51xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for EXIDE INDUSTRIES
Please provide your vote to see the results
EXIDE INDUSTRIES is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of EXIDE INDUSTRIES

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 EXIDE INDUSTRIES is calculated as :

Current Market Cap [ ₹39,049.0 Cr] as on Apr 16,2024

(/) Book Value [ ₹11,132.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.51x ]

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

Thus, for EXIDE INDUSTRIES , the investors are currently willing to pay '3.51 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 EXIDE INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of EXIDE INDUSTRIES


PB Ratio Performance Analysis for EXIDE INDUSTRIES

- EXIDE INDUSTRIES 's latest p/b ratio is 3.51x.

- EXIDE INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.90x.

- EXIDE INDUSTRIES 's operated at median p/b ratio of 1.73x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EXIDE INDUSTRIES 's p/b ratio peaked in Mar2019 at 3.04x.

- EXIDE INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 1.21x.


How does EXIDE INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Book ValuePB RatioMarket Cap
EXIDE INDUSTRIES 11,132.303.5139,049.0
AMARA RAJA ENERGY & MOBILITY LTD5,299.243.3517,726.0
HBL POWER SYSTEMS LTD951.4513.3612,713.5
EVEREADY INDUSTRIES INDIA LTD319.447.982,549.5
HIGH ENERGY BATTERIES (INDIA) LTD73.489.28682.3
INDONATIONAL LTD231.482.01464.4
PANASONIC ENERGY INDIA COMPANY LTD91.774.78439.1

Batteries Industry Benchmark (Top 10) PB Analysis vs EXIDE INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.01x
Max industry PB 13.36x
Median industry PB 4.78x
Average industry PB 6.32x



You may also like the below Video Courses