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KIRLOSKAR OIL ENGINES
PB (Price/Book ) Ratio

The Current P/B Ratio of KIRLOSKAR OIL ENGINES is 6.46.

Share Price ₹1,020.4Apr 26,2024
Market Cap ₹14,795.1 Cr
Book Value₹2,290.0 CrMar2023 - Consolidated Results
Price/Book 6.46xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KIRLOSKAR OIL ENGINES

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 OIL ENGINES is calculated as :

Current Market Cap [ ₹14,795.1 Cr] as on Apr 26,2024

(/) Book Value [ ₹2,290.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.46x ]

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

Thus, for KIRLOSKAR OIL ENGINES , the investors are currently willing to pay '6.46 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 OIL ENGINES !

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

Historical PB (Price/Book ) ratio chart of KIRLOSKAR OIL ENGINES


PB Ratio Performance Analysis for KIRLOSKAR OIL ENGINES

- KIRLOSKAR OIL ENGINES 's latest p/b ratio is 6.46x.

- KIRLOSKAR OIL ENGINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.37x.

- KIRLOSKAR OIL ENGINES 's operated at median p/b ratio of 1.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRLOSKAR OIL ENGINES 's p/b ratio peaked in Mar2023 at 2.49x.

- KIRLOSKAR OIL ENGINES 's p/b ratio hit its five-year low in Mar2020 of 0.72x.


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

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
KIRLOSKAR OIL ENGINES 2,290.036.4614,795.1
BHARAT ELECTRONICS LTD13,861.6012.60174,631.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.6297,079.9
THERMAX LTD3,865.5513.4652,032.6
TRIVENI TURBINE LTD760.3522.3917,023.9
ELECON ENGINEERING COMPANY LTD1,604.037.8912,661.8
PRAJ INDUSTRIES LTD1,075.348.949,611.6
SHRIRAM PISTONS & RINGS LTD1,527.466.039,206.0
KIRLOSKAR BROTHERS LTD1,403.887.3410,299.7
TEGA INDUSTRIES LTD1,048.959.5810,044.2
ION EXCHANGE (INDIA) LTD833.499.648,035.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs KIRLOSKAR OIL ENGINES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.62x
Max industry PB 22.39x
Median industry PB 8.94x
Average industry PB 9.81x



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