FORBES & COMPANY
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The Current P/B Ratio of FORBES & COMPANY is 1.84.
| Share Price | ₹284.7 | Jul 08,2026 |
| Market Cap | ₹367.2 Cr | |
| Book Value | ₹199.4 Cr | Mar2026 - Consolidated Results |
| Price/Book | 1.84x | Calculated as MarketCap/Book Value |
|---|---|---|
| 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 [ ₹367.2 Cr] as on Jul 08,2026
(/) Book Value [ ₹199.4 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 1.84x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '1.84 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 Mar2026 to Mar2022 averaged 4.32x.
- 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 Mar2025 of 1.71x.
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 | 199.37 | 1.84 | 367.2 |
| BHARAT HEAVY ELECTRICALS LTD | 26,146.60 | 5.03 | 131,500.0 |
| THERMAX LTD | 5,541.73 | 9.91 | 54,917.9 |
| KIRLOSKAR OIL ENGINES LTD | 3,620.19 | 9.14 | 33,090.3 |
| TRIVENI TURBINE LTD | 1,446.00 | 13.50 | 19,518.8 |
| JYOTI CNC AUTOMATION LTD | 2,001.33 | 8.57 | 17,145.4 |
| INOX INDIA LTD | 1,107.73 | 15.38 | 17,038.6 |
| AZAD ENGINEERING LTD | 1,528.90 | 9.41 | 14,390.4 |
| TEGA INDUSTRIES LTD | 3,407.18 | 3.62 | 12,346.1 |
| ELECON ENGINEERING COMPANY LTD | 2,305.85 | 4.84 | 11,162.8 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 574.00 | 13.79 | 7,914.6 |
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 | 1.84x |
| Max industry PB | 15.38x |
| Median industry PB | 9.14x |
| Average industry PB | 8.64x |
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