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KIRLOSKAR ELECTRIC COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of KIRLOSKAR ELECTRIC COMPANY is 8.12.

Share Price ₹112.3Apr 19,2024
Market Cap ₹745.3 Cr
Book Value₹91.8 CrMar2023 - Consolidated Results
Price/Book 8.12xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KIRLOSKAR ELECTRIC COMPANY

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 KIRLOSKAR ELECTRIC COMPANY is calculated as :

Current Market Cap [ ₹745.3 Cr] as on Apr 19,2024

(/) Book Value [ ₹91.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.12x ]

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

Thus, for KIRLOSKAR ELECTRIC COMPANY , the investors are currently willing to pay '8.12 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 KIRLOSKAR ELECTRIC COMPANY !

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

Historical PB (Price/Book ) ratio chart of KIRLOSKAR ELECTRIC COMPANY


PB Ratio Performance Analysis for KIRLOSKAR ELECTRIC COMPANY

- KIRLOSKAR ELECTRIC COMPANY 's latest p/b ratio is 8.12x.

- KIRLOSKAR ELECTRIC COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.63x.

- KIRLOSKAR ELECTRIC COMPANY 's operated at median p/b ratio of -0.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRLOSKAR ELECTRIC COMPANY 's p/b ratio peaked in Mar2020 at -0.17x.

- KIRLOSKAR ELECTRIC COMPANY 's p/b ratio hit its five-year low in Mar2023 of -1.79x.


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

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
KIRLOSKAR ELECTRIC COMPANY 91.838.12745.3
SIEMENS LTD13,087.1015.21199,009.0
ABB INDIA LTD5,944.5322.43133,316.0
HAVELLS INDIA LTD6,623.1514.2194,087.1
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4945.5581,292.3
SUZLON ENERGY LTD1,099.1448.8153,647.6
HITACHI ENERGY INDIA LTD1,215.3128.7434,933.9
APAR INDUSTRIES LTD2,236.3912.7228,441.6
GE T&D INDIA LTD1,072.7122.9624,626.6
INOX WIND LTD1,736.3110.6918,562.8
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69124.7817,180.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 8.12x
Max industry PB 124.78x
Median industry PB 22.43x
Average industry PB 32.20x



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