FORBES & COMPANY
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The Current P/B Ratio of FORBES & COMPANY is 2.71.
Share Price | ₹461.0 | Jul 18,2025 |
Market Cap | ₹594.7 Cr | |
Book Value | ₹219.5 Cr | Mar2025 - Consolidated Results |
Price/Book | 2.71x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of FORBES & COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹594.7 Cr] as on Jul 18,2025
(/) Book Value [ ₹219.5 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 2.71x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '2.71 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 p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.76x.
- 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 Mar2024 at 7.1x.
- 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 Value | PB Ratio | Market Cap |
---|---|---|---|
FORBES & COMPANY | 219.48 | 2.71 | 594.7 |
BHARAT HEAVY ELECTRICALS LTD | 24,722.20 | 3.53 | 87,225.7 |
THERMAX LTD | 4,930.92 | 9.39 | 46,321.4 |
JYOTI CNC AUTOMATION LTD | 1,686.15 | 13.78 | 23,227.9 |
TRIVENI TURBINE LTD | 1,216.40 | 17.45 | 21,221.5 |
KIRLOSKAR BROTHERS LTD | 2,092.85 | 8.07 | 16,881.5 |
ELECON ENGINEERING COMPANY LTD | 1,998.69 | 6.75 | 13,485.3 |
PRAJ INDUSTRIES LTD | 1,380.93 | 6.65 | 9,177.8 |
KIRLOSKAR OIL ENGINES LTD | 3,065.27 | 4.35 | 13,347.5 |
TEGA INDUSTRIES LTD | 1,396.69 | 9.24 | 12,910.2 |
SHRIRAM PISTONS & RINGS LTD | 2,393.66 | 4.49 | 10,758.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs FORBES & COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.71x |
Max industry PB | 17.45x |
Median industry PB | 6.75x |
Average industry PB | 7.86x |
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