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IGARASHI MOTORS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of IGARASHI MOTORS INDIA is 3.89.

Share Price ₹542.6Apr 26,2024
Market Cap ₹1,709.2 Cr
Book Value₹439.5 CrMar2023 - Standalone Results
Price/Book 3.89xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of IGARASHI MOTORS INDIA

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 IGARASHI MOTORS INDIA is calculated as :

Current Market Cap [ ₹1,709.2 Cr] as on Apr 26,2024

(/) Book Value [ ₹439.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.89x ]

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

Thus, for IGARASHI MOTORS INDIA , the investors are currently willing to pay '3.89 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 IGARASHI MOTORS INDIA !

The chart below summarizes the trend in P/B Ratio of IGARASHI MOTORS INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of IGARASHI MOTORS INDIA


PB Ratio Performance Analysis for IGARASHI MOTORS INDIA

- IGARASHI MOTORS INDIA 's latest p/b ratio is 3.89x.

- IGARASHI MOTORS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.22x.

- IGARASHI MOTORS INDIA 's operated at median p/b ratio of 2.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IGARASHI MOTORS INDIA 's p/b ratio peaked in Mar2019 at 2.61x.

- IGARASHI MOTORS INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.42x.


How does IGARASHI MOTORS INDIA 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
IGARASHI MOTORS INDIA 439.533.891,709.2
SIEMENS LTD13,087.1015.64204,675.0
ABB INDIA LTD5,944.5322.85135,813.0
HAVELLS INDIA LTD6,623.1515.51102,735.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4947.7485,187.0
SUZLON ENERGY LTD1,099.1451.5756,683.2
HITACHI ENERGY INDIA LTD1,215.3131.1137,804.0
APAR INDUSTRIES LTD2,236.3913.6630,560.1
GE T&D INDIA LTD1,072.7126.0027,888.6
INOX WIND LTD1,736.3112.0120,859.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69131.6418,126.5

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs IGARASHI MOTORS INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.89x
Max industry PB 131.64x
Median industry PB 22.85x
Average industry PB 33.78x



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