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INTERNATIONAL CONVEYORS
PB (Price/Book ) Ratio

The Current P/B Ratio of INTERNATIONAL CONVEYORS is 2.56.

Share Price ₹86.4May 08,2024
Market Cap ₹548.0 Cr
Book Value₹213.9 CrMar2023 - Consolidated Results
Price/Book 2.56xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INTERNATIONAL CONVEYORS

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 INTERNATIONAL CONVEYORS is calculated as :

Current Market Cap [ ₹548.0 Cr] as on May 08,2024

(/) Book Value [ ₹213.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.56x ]

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

Thus, for INTERNATIONAL CONVEYORS , the investors are currently willing to pay '2.56 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 CONVEYORS !

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

Historical PB (Price/Book ) ratio chart of INTERNATIONAL CONVEYORS


PB Ratio Performance Analysis for INTERNATIONAL CONVEYORS

- INTERNATIONAL CONVEYORS 's latest p/b ratio is 2.56x.

- INTERNATIONAL CONVEYORS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.67x.

- INTERNATIONAL CONVEYORS 's operated at median p/b ratio of 1.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INTERNATIONAL CONVEYORS 's p/b ratio peaked in Mar2022 at 2.62x.

- INTERNATIONAL CONVEYORS 's p/b ratio hit its five-year low in Mar2020 of 1.12x.


How does INTERNATIONAL CONVEYORS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
INTERNATIONAL CONVEYORS 213.872.56548.0
BHARAT ELECTRONICS LTD13,861.6012.22169,368.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.7299,691.5
THERMAX LTD3,865.5514.4655,913.5
TRIVENI TURBINE LTD760.3524.2318,422.6
KIRLOSKAR OIL ENGINES LTD2,676.215.6014,992.7
ELECON ENGINEERING COMPANY LTD1,604.037.4511,955.5
PRAJ INDUSTRIES LTD1,075.349.119,796.3
SHRIRAM PISTONS & RINGS LTD1,527.465.738,749.8
KIRLOSKAR BROTHERS LTD1,403.887.8210,981.1
TEGA INDUSTRIES LTD1,048.959.9010,388.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs INTERNATIONAL CONVEYORS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.56x
Max industry PB 24.23x
Median industry PB 7.82x
Average industry PB 9.35x



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