JYOTI
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The Current P/B Ratio of JYOTI is -2.55.
Share Price | ₹70.9 | May 18,2024 |
Market Cap | ₹163.8 Cr | |
Book Value | ₹-64.3 Cr | Mar2023 - Consolidated Results |
Price/Book | -2.55x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JYOTI
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
JYOTI | -64.35 | -2.55 | 163.8 |
SIEMENS LTD | 13,087.10 | 19.59 | 256,342.0 |
ABB INDIA LTD | 5,944.53 | 30.00 | 178,329.0 |
HAVELLS INDIA LTD | 7,446.76 | 15.34 | 114,197.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 3,017.44 | 33.55 | 101,234.0 |
SUZLON ENERGY LTD | 1,099.14 | 52.60 | 57,813.1 |
HITACHI ENERGY INDIA LTD | 1,215.31 | 39.70 | 48,252.4 |
APAR INDUSTRIES LTD | 3,876.44 | 8.34 | 32,319.8 |
GE T&D INDIA LTD | 1,072.71 | 31.23 | 33,498.6 |
INOX WIND LTD | 1,697.36 | 12.07 | 20,495.6 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 137.69 | 158.86 | 21,874.4 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs JYOTI 's P/B Ratio
Top 10 Industry Peers | PB 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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