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GUJARAT APOLLO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of GUJARAT APOLLO INDUSTRIES is 0.58.

Share Price ₹234.0Mar 19,2024
Market Cap ₹276.1 Cr
Book Value₹478.7 CrMar2023 - Consolidated Results
Price/Book 0.58xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GUJARAT APOLLO INDUSTRIES

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

Applying the above formula, P/B ratio of GUJARAT APOLLO INDUSTRIES is calculated as :

Current Market Cap [ ₹276.1 Cr] as on Mar 19,2024

(/) Book Value [ ₹478.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.58x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for GUJARAT APOLLO INDUSTRIES , the investors are currently willing to pay '0.58 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 GUJARAT APOLLO INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of GUJARAT APOLLO INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of GUJARAT APOLLO INDUSTRIES


PB Ratio Performance Analysis for GUJARAT APOLLO INDUSTRIES

- GUJARAT APOLLO INDUSTRIES 's latest p/b ratio is 0.58x.

- GUJARAT APOLLO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.42x.

- GUJARAT APOLLO INDUSTRIES 's operated at median p/b ratio of 0.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GUJARAT APOLLO INDUSTRIES 's p/b ratio peaked in Mar2021 at 0.48x.

- GUJARAT APOLLO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.31x.


How does GUJARAT APOLLO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
GUJARAT APOLLO INDUSTRIES 478.700.58276.1
BHARAT ELECTRONICS LTD13,861.609.78135,633.0
BHARAT HEAVY ELECTRICALS LTD26,828.002.8476,135.3
AIA ENGINEERING LTD5,691.336.0534,458.5
THERMAX LTD3,865.5511.0742,809.3
TRIVENI TURBINE LTD760.3520.4415,541.0
EUREKA FORBES LTD4,097.642.128,700.8
GMM PFAUDLER LTD800.726.865,493.1
CRAFTSMAN AUTOMATION LTD1,376.905.898,114.2
PRAJ INDUSTRIES LTD1,075.348.098,702.6
KSB LTD1,301.909.8412,811.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs GUJARAT APOLLO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.58x
Max industry PB 20.44x
Median industry PB 6.86x
Average industry PB 7.60x



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