GEE
|
The Current P/B Ratio of GEE is 1.89.
| Share Price | ₹140.0 | Apr 18,2024 |
| Market Cap | ₹363.9 Cr | |
| Book Value | ₹193.0 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.89x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GEE
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹363.9 Cr] as on Apr 18,2024
(/) Book Value [ ₹193.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.89x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for GEE , the investors are currently willing to pay '1.89 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 GEE !
The chart below summarizes the trend in P/B Ratio of GEE over the last five years.
Thus, for GEE , the investors are currently willing to pay '1.89 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 GEE !
The chart below summarizes the trend in P/B Ratio of GEE over the last five years.
Historical PB (Price/Book ) ratio chart of GEE
PB Ratio Performance Analysis for GEE
- GEE 's latest p/b ratio is 1.89x.
- GEE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.16x.
- GEE 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GEE 's p/b ratio peaked in Mar2022 at 1.53x.
- GEE 's p/b ratio hit its five-year low in Mar2020 of 0.68x.
- GEE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.16x.
- GEE 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GEE 's p/b ratio peaked in Mar2022 at 1.53x.
- GEE 's p/b ratio hit its five-year low in Mar2020 of 0.68x.
How does GEE 's P/B Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| GEE | 193.00 | 1.89 | 363.9 |
| GRAPHITE INDIA LTD | 4,963.84 | 2.64 | 13,104.8 |
| ESAB INDIA LTD | 260.27 | 29.72 | 7,734.2 |
| HEG LTD | 4,280.94 | 2.22 | 9,495.1 |
| ADOR WELDING LTD | 323.51 | 6.15 | 1,990.3 |
| DE NORA INDIA LTD | 101.68 | 8.47 | 861.6 |
| ADOR FONTECH LTD | 126.57 | 3.85 | 487.6 |
| PANASONIC CARBON INDIA COMPANY LTD | 144.05 | 1.67 | 241.2 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs GEE 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.67x |
| Max industry PB | 29.72x |
| Median industry PB | 3.85x |
| Average industry PB | 7.08x |
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