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JYOTI
PB (Price/Book ) Ratio

The Current P/B Ratio of JYOTI is -2.55.

Share Price ₹70.9May 18,2024
Market Cap ₹163.8 Cr
Book Value₹-64.3 CrMar2023 - Consolidated Results
Price/Book -2.55xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JYOTI

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 JYOTI is calculated as :

Current Market Cap [ ₹163.8 Cr] as on May 18,2024

(/) Book Value [ ₹-64.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -2.55x ]

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

Thus, for JYOTI , the investors are currently willing to pay '-2.55 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 JYOTI !

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

Historical PB (Price/Book ) ratio chart of JYOTI


PB Ratio Performance Analysis for JYOTI

- JYOTI 's latest p/b ratio is -2.55x.

- JYOTI 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.20x.

- JYOTI 's operated at median p/b ratio of -0.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JYOTI 's p/b ratio peaked in Mar2020 at -0.02x.

- JYOTI 's p/b ratio hit its five-year low in Mar2023 of -0.52x.


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

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
JYOTI -64.35-2.55163.8
SIEMENS LTD13,087.1019.59256,342.0
ABB INDIA LTD5,944.5330.00178,329.0
HAVELLS INDIA LTD7,446.7615.34114,197.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD3,017.4433.55101,234.0
SUZLON ENERGY LTD1,099.1452.6057,813.1
HITACHI ENERGY INDIA LTD1,215.3139.7048,252.4
APAR INDUSTRIES LTD3,876.448.3432,319.8
GE T&D INDIA LTD1,072.7131.2333,498.6
INOX WIND LTD1,697.3612.0720,495.6
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69158.8621,874.4

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

Top 10 Industry PeersPB Ratio
Min industry PB -2.55x
Max industry PB 158.86x
Median industry PB 30.00x
Average industry PB 36.25x



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