INDONATIONAL
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The Current P/B Ratio of INDONATIONAL is 1.99.
Share Price | ₹614.1 | Apr 18,2024 |
Market Cap | ₹460.6 Cr | |
Book Value | ₹231.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.99x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDONATIONAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹460.6 Cr] as on Apr 18,2024
(/) Book Value [ ₹231.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.99x ]
Thus, for INDONATIONAL , the investors are currently willing to pay '1.99 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 INDONATIONAL !
The chart below summarizes the trend in P/B Ratio of INDONATIONAL over the last five years.
Historical PB (Price/Book ) ratio chart of INDONATIONAL
PB Ratio Performance Analysis for INDONATIONAL
- INDONATIONAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.05x.
- INDONATIONAL 's operated at median p/b ratio of 1.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDONATIONAL 's p/b ratio peaked in Mar2022 at 1.22x.
- INDONATIONAL 's p/b ratio hit its five-year low in Mar2020 of 0.76x.
How does INDONATIONAL 's P/B Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDONATIONAL | 231.48 | 1.99 | 460.6 |
EXIDE INDUSTRIES LTD | 11,132.30 | 3.44 | 38,254.2 |
AMARA RAJA ENERGY & MOBILITY LTD | 5,299.24 | 3.43 | 18,174.4 |
HBL POWER SYSTEMS LTD | 951.45 | 13.31 | 12,667.8 |
EVEREADY INDUSTRIES INDIA LTD | 319.44 | 8.09 | 2,585.9 |
HIGH ENERGY BATTERIES (INDIA) LTD | 73.48 | 10.59 | 778.4 |
PANASONIC ENERGY INDIA COMPANY LTD | 91.77 | 4.82 | 442.7 |
Batteries Industry Benchmark (Top 10) PB Analysis vs INDONATIONAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.99x |
Max industry PB | 13.31x |
Median industry PB | 4.82x |
Average industry PB | 6.53x |
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