LOYAL EQUIPMENTS
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The Current P/B Ratio of LOYAL EQUIPMENTS is 6.86.
Share Price | ₹199.0 | May 18,2024 |
Market Cap | ₹203.0 Cr | |
Book Value | ₹29.6 Cr | Mar2024 - Standalone Results |
Price/Book | 6.86x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LOYAL EQUIPMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹203.0 Cr] as on May 18,2024
(/) Book Value [ ₹29.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.86x ]
Thus, for LOYAL EQUIPMENTS , the investors are currently willing to pay '6.86 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 LOYAL EQUIPMENTS !
The chart below summarizes the trend in P/B Ratio of LOYAL EQUIPMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of LOYAL EQUIPMENTS
PB Ratio Performance Analysis for LOYAL EQUIPMENTS
- LOYAL EQUIPMENTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.91x.
- LOYAL EQUIPMENTS 's operated at median p/b ratio of 1.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LOYAL EQUIPMENTS 's p/b ratio peaked in Mar2023 at 2.59x.
- LOYAL EQUIPMENTS 's p/b ratio hit its five-year low in Mar2021 of 1.32x.
How does LOYAL EQUIPMENTS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LOYAL EQUIPMENTS | 29.58 | 6.86 | 203.0 |
BHARAT ELECTRONICS LTD | 13,861.60 | 13.65 | 189,214.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 4.02 | 107,961.0 |
THERMAX LTD | 4,439.80 | 13.36 | 59,319.0 |
TRIVENI TURBINE LTD | 959.80 | 21.13 | 20,285.3 |
KIRLOSKAR OIL ENGINES LTD | 2,676.21 | 6.98 | 18,688.0 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.00 | 12,831.8 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.91 | 9,584.0 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.96 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 1,719.00 | 8.52 | 14,645.4 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.89 | 10,370.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs LOYAL EQUIPMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.02x |
Max industry PB | 21.13x |
Median industry PB | 8.52x |
Average industry PB | 9.75x |
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