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KENNAMETAL INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of KENNAMETAL INDIA is 8.04.

Share Price ₹2,511.2Apr 26,2024
Market Cap ₹5,524.6 Cr
Book Value₹687.4 CrJun2023 - Standalone Results
Price/Book 8.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KENNAMETAL INDIA

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 KENNAMETAL INDIA is calculated as :

Current Market Cap [ ₹5,524.6 Cr] as on Apr 26,2024

(/) Book Value [ ₹687.4 Cr] based on Jun2023 - Standalone Results

(=) P/B Ratio [ 8.04x ]

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

Thus, for KENNAMETAL INDIA , the investors are currently willing to pay '8.04 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 KENNAMETAL INDIA !

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

Historical PB (Price/Book ) ratio chart of KENNAMETAL INDIA


PB Ratio Performance Analysis for KENNAMETAL INDIA

- KENNAMETAL INDIA 's latest p/b ratio is 8.04x.

- KENNAMETAL INDIA 's p/b ratio for fiscal years ending Jun2023 to Jun2019 averaged 5.46x.

- KENNAMETAL INDIA 's operated at median p/b ratio of 4.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KENNAMETAL INDIA 's p/b ratio peaked in Jun2023 at 8.47x.

- KENNAMETAL INDIA 's p/b ratio hit its five-year low in Jun2020 of 2.99x.


How does KENNAMETAL INDIA 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
KENNAMETAL INDIA 687.408.045,524.6
RITES LTD2,603.786.4116,697.4
ENGINEERS INDIA LTD1,961.526.7913,312.0
MTAR TECHNOLOGIES LTD620.139.345,795.1
INOX GREEN ENERGY SERVICES LTD1,127.363.934,427.6
THEJO ENGINEERING LTD194.3417.683,436.0
DIVGI TORQTRANSFER SYSTEMS LTD551.284.622,548.8
PITTI ENGINEERING LTD334.048.242,751.0
DEEP INDUSTRIES LTD1,370.151.361,859.5
LOKESH MACHINES LTD158.985.24832.7
PRITIKA AUTO INDUSTRIES LTD153.713.16485.2

Engineering Industry Benchmark (Top 10) PB Analysis vs KENNAMETAL INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.36x
Max industry PB 17.68x
Median industry PB 6.41x
Average industry PB 6.80x



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