FORBES & COMPANY
|
The Current P/B Ratio of FORBES & COMPANY is 2.28.
| Share Price | ₹387.4 | Jan 21,2026 |
| Market Cap | ₹499.7 Cr | |
| Book Value | ₹219.5 Cr | Mar2025 - Consolidated Results |
| Price/Book | 2.28x | 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 [ ₹499.7 Cr] as on Jan 21,2026
(/) Book Value [ ₹219.5 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 2.28x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay '2.28 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 | 2.28 | 499.7 |
| BHARAT HEAVY ELECTRICALS LTD | 24,722.20 | 3.56 | 87,922.1 |
| THERMAX LTD | 4,930.92 | 7.08 | 34,899.1 |
| JYOTI CNC AUTOMATION LTD | 1,686.15 | 11.15 | 18,806.8 |
| TRIVENI TURBINE LTD | 1,213.07 | 12.30 | 14,920.2 |
| KIRLOSKAR BROTHERS LTD | 2,092.85 | 5.64 | 11,793.8 |
| ELECON ENGINEERING COMPANY LTD | 1,998.69 | 4.26 | 8,511.5 |
| PRAJ INDUSTRIES LTD | 1,380.93 | 3.86 | 5,330.6 |
| KIRLOSKAR OIL ENGINES LTD | 3,065.27 | 5.24 | 16,050.0 |
| TEGA INDUSTRIES LTD | 1,396.69 | 9.54 | 13,322.8 |
| SHRIRAM PISTONS & RINGS LTD | 2,393.66 | 5.05 | 12,085.3 |
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 | 2.28x |
| Max industry PB | 12.30x |
| Median industry PB | 5.24x |
| Average industry PB | 6.36x |
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