Home > PB Ratio > HIND RECTIFIERS

HIND RECTIFIERS
PB (Price/Book ) Ratio

The Current P/B Ratio of HIND RECTIFIERS is 11.37.

Share Price ₹737.7Apr 19,2024
Market Cap ₹1,261.4 Cr
Book Value₹111.0 CrMar2023 - Standalone Results
Price/Book 11.37xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for HIND RECTIFIERS
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of HIND RECTIFIERS

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 HIND RECTIFIERS is calculated as :

Current Market Cap [ ₹1,261.4 Cr] as on Apr 19,2024

(/) Book Value [ ₹111.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 11.37x ]

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

Thus, for HIND RECTIFIERS , the investors are currently willing to pay '11.37 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 HIND RECTIFIERS !

The chart below summarizes the trend in P/B Ratio of HIND RECTIFIERS over the last five years.

Historical PB (Price/Book ) ratio chart of HIND RECTIFIERS


PB Ratio Performance Analysis for HIND RECTIFIERS

- HIND RECTIFIERS 's latest p/b ratio is 11.37x.

- HIND RECTIFIERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.46x.

- HIND RECTIFIERS 's operated at median p/b ratio of 2.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/b ratio peaked in Mar2023 at 3x.

- HIND RECTIFIERS 's p/b ratio hit its five-year low in Mar2021 of 1.98x.


How does HIND RECTIFIERS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
HIND RECTIFIERS 110.9511.371,261.4
SIEMENS LTD13,087.1015.21199,009.0
ABB INDIA LTD5,944.5322.43133,316.0
HAVELLS INDIA LTD6,623.1514.2194,087.1
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4945.5581,292.3
SUZLON ENERGY LTD1,099.1448.8153,647.6
HITACHI ENERGY INDIA LTD1,215.3128.7434,933.9
APAR INDUSTRIES LTD2,236.3912.7228,441.6
GE T&D INDIA LTD1,072.7122.9624,626.6
INOX WIND LTD1,736.3110.6918,562.8
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69124.7817,180.8

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs HIND RECTIFIERS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 10.69x
Max industry PB 124.78x
Median industry PB 22.43x
Average industry PB 32.50x



You may also like the below Video Courses