INTERNATIONAL COMBUSTION (INDIA)
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The Current P/B Ratio of INTERNATIONAL COMBUSTION (INDIA) is 4.72.
Share Price | ₹1,995.3 | May 21,2024 |
Market Cap | ₹478.9 Cr | |
Book Value | ₹101.4 Cr | Mar2023 - Standalone Results |
Price/Book | 4.72x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INTERNATIONAL COMBUSTION (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹478.9 Cr] as on May 21,2024
(/) Book Value [ ₹101.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.72x ]
Thus, for INTERNATIONAL COMBUSTION (INDIA) , the investors are currently willing to pay '4.72 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 INTERNATIONAL COMBUSTION (INDIA) !
The chart below summarizes the trend in P/B Ratio of INTERNATIONAL COMBUSTION (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of INTERNATIONAL COMBUSTION (INDIA)
PB Ratio Performance Analysis for INTERNATIONAL COMBUSTION (INDIA)
- INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.62x.
- INTERNATIONAL COMBUSTION (INDIA) 's operated at median p/b ratio of 0.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio peaked in Mar2023 at 1.02x.
- INTERNATIONAL COMBUSTION (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
How does INTERNATIONAL COMBUSTION (INDIA) 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INTERNATIONAL COMBUSTION (INDIA) | 101.44 | 4.72 | 478.9 |
BHARAT ELECTRONICS LTD | 13,861.60 | 14.45 | 200,361.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 4.55 | 111,147.0 |
THERMAX LTD | 4,439.80 | 13.43 | 59,628.2 |
TRIVENI TURBINE LTD | 959.80 | 19.61 | 18,826.3 |
KIRLOSKAR OIL ENGINES LTD | 2,676.21 | 7.36 | 19,708.1 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.99 | 12,809.9 |
PRAJ INDUSTRIES LTD | 1,075.34 | 9.00 | 9,675.0 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.96 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 1,719.00 | 8.20 | 14,088.7 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.72 | 10,197.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs INTERNATIONAL COMBUSTION (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.55x |
Max industry PB | 19.61x |
Median industry PB | 8.20x |
Average industry PB | 9.55x |
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