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ITL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of ITL INDUSTRIES is 2.16.

Share Price ₹422.3May 18,2024
Market Cap ₹135.1 Cr
Book Value₹62.5 CrMar2023 - Consolidated Results
Price/Book 2.16xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ITL INDUSTRIES

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 ITL INDUSTRIES is calculated as :

Current Market Cap [ ₹135.1 Cr] as on May 18,2024

(/) Book Value [ ₹62.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.16x ]

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

Thus, for ITL INDUSTRIES , the investors are currently willing to pay '2.16 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 ITL INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of ITL INDUSTRIES


PB Ratio Performance Analysis for ITL INDUSTRIES

- ITL INDUSTRIES 's latest p/b ratio is 2.16x.

- ITL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.79x.

- ITL INDUSTRIES 's operated at median p/b ratio of 0.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ITL INDUSTRIES 's p/b ratio peaked in Mar2019 at 1.31x.

- ITL INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.33x.


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

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
ITL INDUSTRIES 62.522.16135.1
BHARAT ELECTRONICS LTD13,861.6013.65189,214.0
BHARAT HEAVY ELECTRICALS LTD26,828.004.02107,961.0
THERMAX LTD4,439.8013.3659,319.0
TRIVENI TURBINE LTD959.8021.1320,285.3
KIRLOSKAR OIL ENGINES LTD2,676.216.9818,688.0
ELECON ENGINEERING COMPANY LTD1,604.038.0012,831.8
PRAJ INDUSTRIES LTD1,075.348.919,584.0
SHRIRAM PISTONS & RINGS LTD1,527.465.969,108.4
KIRLOSKAR BROTHERS LTD1,719.008.5214,645.4
TEGA INDUSTRIES LTD1,048.959.8910,370.5

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.16x
Max industry PB 21.13x
Median industry PB 8.52x
Average industry PB 9.33x



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