Home > PB Ratio > FORBES & COMPANY

FORBES & COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of FORBES & COMPANY is 5.03.

Share Price ₹635.2May 07,2024
Market Cap ₹819.4 Cr
Book Value₹163.1 CrMar2023 - Consolidated Results
Price/Book 5.03xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for FORBES & COMPANY
Please provide your vote to see the results
FORBES & COMPANY is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of FORBES & COMPANY

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 FORBES & COMPANY is calculated as :

Current Market Cap [ ₹819.4 Cr] as on May 07,2024

(/) Book Value [ ₹163.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.03x ]

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

Thus, for FORBES & COMPANY , the investors are currently willing to pay '5.03 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 FORBES & COMPANY !

The chart below summarizes the trend in P/B Ratio of FORBES & COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of FORBES & COMPANY


PB Ratio Performance Analysis for FORBES & COMPANY

- FORBES & COMPANY 's latest p/b ratio is 5.03x.

- FORBES & COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -1.10x.

- FORBES & COMPANY 's operated at median p/b ratio of 4.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FORBES & COMPANY 's p/b ratio peaked in Mar2019 at 10.75x.

- FORBES & COMPANY 's p/b ratio hit its five-year low in Mar2021 of -15.77x.


How does FORBES & COMPANY 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
FORBES & COMPANY 163.075.03819.4
BHARAT ELECTRONICS LTD13,861.6011.99166,224.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.6497,567.4
THERMAX LTD3,865.5514.0554,324.6
TRIVENI TURBINE LTD760.3523.2917,708.9
KIRLOSKAR OIL ENGINES LTD2,290.036.3714,577.3
ELECON ENGINEERING COMPANY LTD1,604.037.2811,682.8
PRAJ INDUSTRIES LTD1,075.349.019,684.2
SHRIRAM PISTONS & RINGS LTD1,527.465.548,469.2
KIRLOSKAR BROTHERS LTD1,403.887.4210,422.0
TEGA INDUSTRIES LTD1,048.959.239,680.3

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs FORBES & COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.64x
Max industry PB 23.29x
Median industry PB 7.42x
Average industry PB 9.35x



You may also like the below Video Courses