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LINDE INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of LINDE INDIA is 22.37.

Share Price ₹8,228.9Apr 24,2024
Market Cap ₹70,192.5 Cr
Book Value₹3,138.5 CrMar2023 - Consolidated Results
Price/Book 22.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LINDE 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 LINDE INDIA is calculated as :

Current Market Cap [ ₹70,192.5 Cr] as on Apr 24,2024

(/) Book Value [ ₹3,138.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 22.37x ]

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

Thus, for LINDE INDIA , the investors are currently willing to pay '22.37 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 LINDE INDIA !

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

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


PB Ratio Performance Analysis for LINDE INDIA

- LINDE INDIA 's latest p/b ratio is 22.37x.

- LINDE INDIA 's p/b ratio for fiscal years ending Mar2023 to Dec2018 averaged 5.81x.

- LINDE INDIA 's operated at median p/b ratio of 3.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LINDE INDIA 's p/b ratio peaked in Mar2023 at 10.95x.

- LINDE INDIA 's p/b ratio hit its five-year low in Dec2019 of 2.6x.


How does LINDE INDIA 's P/B Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?

Peer Comparison (Industrial Gases & Fuels Industry)Book ValuePB RatioMarket Cap
LINDE INDIA 3,138.4722.3770,192.5
GAIL (INDIA) LTD64,927.402.10136,335.0
PETRONET LNG LTD15,264.602.9444,872.5
CONFIDENCE PETROLEUM INDIA LTD812.843.552,885.9
IRM ENERGY LTD346.427.012,427.9
REFEX INDUSTRIES LTD314.146.011,887.3

Industrial Gases & Fuels Industry Benchmark (Top 10) PB Analysis vs LINDE INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.10x
Max industry PB 22.37x
Median industry PB 6.01x
Average industry PB 7.33x



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