GE T&D INDIA
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The Current P/B Ratio of GE T&D INDIA is 26.71.
Share Price | ₹1,119.3 | Apr 25,2024 |
Market Cap | ₹28,654.1 Cr | |
Book Value | ₹1,072.7 Cr | Mar2023 - Standalone Results |
Price/Book | 26.71x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GE T&D INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹28,654.1 Cr] as on Apr 25,2024
(/) Book Value [ ₹1,072.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 26.71x ]
Thus, for GE T&D INDIA , the investors are currently willing to pay '26.71 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 GE T&D INDIA !
The chart below summarizes the trend in P/B Ratio of GE T&D INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of GE T&D INDIA
PB Ratio Performance Analysis for GE T&D INDIA
- GE T&D INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.87x.
- GE T&D INDIA 's operated at median p/b ratio of 2.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GE T&D INDIA 's p/b ratio peaked in Mar2019 at 4.92x.
- GE T&D INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.77x.
How does GE T&D INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GE T&D INDIA | 1,072.71 | 26.71 | 28,654.1 |
SIEMENS LTD | 13,087.10 | 15.59 | 204,075.0 |
ABB INDIA LTD | 5,944.53 | 22.94 | 136,373.0 |
HAVELLS INDIA LTD | 6,623.15 | 14.78 | 97,913.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,784.49 | 46.40 | 82,796.7 |
SUZLON ENERGY LTD | 1,099.14 | 52.05 | 57,214.1 |
HITACHI ENERGY INDIA LTD | 1,215.31 | 32.58 | 39,592.5 |
APAR INDUSTRIES LTD | 2,236.39 | 14.07 | 31,475.9 |
INOX WIND LTD | 1,736.31 | 12.13 | 21,059.5 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 137.69 | 129.46 | 17,825.2 |
VGUARD INDUSTRIES LTD | 1,564.78 | 9.51 | 14,884.2 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs GE T&D INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 9.51x |
Max industry PB | 129.46x |
Median industry PB | 22.94x |
Average industry PB | 34.20x |
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