Home > PB Ratio > INOX WIND

INOX WIND
PB (Price/Book ) Ratio

The Current P/B Ratio of INOX WIND is 11.25.

Share Price ₹599.4Apr 23,2024
Market Cap ₹19,532.8 Cr
Book Value₹1,736.3 CrMar2023 - Consolidated Results
Price/Book 11.25xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for INOX WIND
Please provide your vote to see the results
INOX WIND is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of INOX WIND

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 INOX WIND is calculated as :

Current Market Cap [ ₹19,532.8 Cr] as on Apr 23,2024

(/) Book Value [ ₹1,736.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 11.25x ]

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

Thus, for INOX WIND , the investors are currently willing to pay '11.25 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 INOX WIND !

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

Historical PB (Price/Book ) ratio chart of INOX WIND


PB Ratio Performance Analysis for INOX WIND

- INOX WIND 's latest p/b ratio is 11.25x.

- INOX WIND 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.33x.

- INOX WIND 's operated at median p/b ratio of 1.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INOX WIND 's p/b ratio peaked in Mar2022 at 2.7x.

- INOX WIND 's p/b ratio hit its five-year low in Mar2020 of 0.24x.


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

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
INOX WIND 1,736.3111.2519,532.8
SIEMENS LTD13,087.1015.50202,802.0
ABB INDIA LTD5,944.5322.49133,663.0
HAVELLS INDIA LTD6,623.1514.6496,988.6
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4945.6781,498.5
SUZLON ENERGY LTD1,099.1451.7756,901.0
HITACHI ENERGY INDIA LTD1,215.3128.1434,203.7
APAR INDUSTRIES LTD2,236.3913.7630,772.5
GE T&D INDIA LTD1,072.7124.5026,281.9
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69126.6817,442.6
VGUARD INDUSTRIES LTD1,564.789.4114,725.7

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

Top 10 Industry PeersPB Ratio
Min industry PB 9.41x
Max industry PB 126.68x
Median industry PB 22.49x
Average industry PB 33.07x



You may also like the below Video Courses