IST
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The Current P/B Ratio of IST is 1.02.
Share Price | ₹967.3 | Apr 23,2024 |
Market Cap | ₹1,131.7 Cr | |
Book Value | ₹1,109.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.02x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of IST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,131.7 Cr] as on Apr 23,2024
(/) Book Value [ ₹1,109.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.02x ]
Thus, for IST , the investors are currently willing to pay '1.02 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 IST !
The chart below summarizes the trend in P/B Ratio of IST over the last five years.
Historical PB (Price/Book ) ratio chart of IST
PB Ratio Performance Analysis for IST
- IST 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.46x.
- IST 's operated at median p/b ratio of 0.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IST 's p/b ratio peaked in Mar2022 at 0.53x.
- IST 's p/b ratio hit its five-year low in Mar2020 of 0.41x.
How does IST 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
IST | 1,109.43 | 1.02 | 1,131.7 |
BOSCH LTD | 11,005.10 | 7.85 | 86,365.9 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 22,451.50 | 3.85 | 86,331.6 |
SONA BLW PRECISION FORGINGS LTD | 2,285.60 | 17.07 | 39,019.3 |
UNO MINDA LTD | 4,140.15 | 10.08 | 41,728.1 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,409.11 | 11.09 | 26,708.3 |
ENDURANCE TECHNOLOGIES LTD | 4,412.13 | 5.96 | 26,289.2 |
JBM AUTO LTD | 1,029.76 | 20.31 | 20,919.1 |
TVS HOLDINGS LTD | 3,240.99 | 5.16 | 16,729.8 |
MINDA CORPORATION LTD | 1,585.80 | 6.22 | 9,862.0 |
CRAFTSMAN AUTOMATION LTD | 1,376.90 | 6.61 | 9,094.7 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs IST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.02x |
Max industry PB | 20.31x |
Median industry PB | 6.61x |
Average industry PB | 8.66x |
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