FORBES & COMPANY
|
The Current P/B Ratio of FORBES & COMPANY is 2.10.
| Share Price | ₹324.9 | May 19,2026 |
| Market Cap | ₹419.1 Cr | |
| Book Value | ₹199.4 Cr | Mar2026 - Consolidated Results |
| Price/Book | 2.10x | 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 [ ₹419.1 Cr] as on May 19,2026
(/) Book Value [ ₹199.4 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 2.10x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '2.10 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 | 199.36 | 2.10 | 419.1 |
| BHARAT HEAVY ELECTRICALS LTD | 26,146.60 | 5.34 | 139,648.0 |
| THERMAX LTD | 5,549.97 | 9.48 | 52,586.1 |
| KIRLOSKAR OIL ENGINES LTD | 3,620.19 | 6.67 | 24,140.3 |
| TRIVENI TURBINE LTD | 1,446.00 | 14.04 | 20,299.2 |
| JYOTI CNC AUTOMATION LTD | 1,686.15 | 9.16 | 15,444.3 |
| INOX INDIA LTD | 1,117.61 | 11.61 | 12,970.6 |
| AZAD ENGINEERING LTD | 1,528.90 | 8.09 | 12,363.5 |
| TEGA INDUSTRIES LTD | 1,396.69 | 8.57 | 11,972.0 |
| ELECON ENGINEERING COMPANY LTD | 2,305.85 | 4.73 | 10,895.7 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 574.00 | 11.27 | 6,470.8 |
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 | 2.10x |
| Max industry PB | 14.04x |
| Median industry PB | 8.57x |
| Average industry PB | 8.28x |
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