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MARINE ELECTRICALS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of MARINE ELECTRICALS (INDIA) is 7.06.

Share Price ₹248.9Jun 05,2026
Market Cap ₹3,481.4 Cr
Book Value₹492.9 CrMar2026 - Consolidated Results
Price/Book 7.06xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MARINE ELECTRICALS (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 MARINE ELECTRICALS (INDIA) is calculated as :

Current Market Cap [ ₹3,481.4 Cr] as on Jun 05,2026

(/) Book Value [ ₹492.9 Cr] based on Mar2026 - Consolidated Results

(=) P/B Ratio [ 7.06x ]

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

Thus, for MARINE ELECTRICALS (INDIA) , the investors are currently willing to pay '7.06 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 MARINE ELECTRICALS (INDIA) !

The chart below summarizes the trend in P/B Ratio of MARINE ELECTRICALS (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of MARINE ELECTRICALS (INDIA)


PB Ratio Performance Analysis for MARINE ELECTRICALS (INDIA)

- MARINE ELECTRICALS (INDIA) 's latest p/b ratio is 7.06x.

- MARINE ELECTRICALS (INDIA) 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 3.92x.

- MARINE ELECTRICALS (INDIA) 's operated at median p/b ratio of 4.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MARINE ELECTRICALS (INDIA) 's p/b ratio peaked in Mar2025 at 5.5x.

- MARINE ELECTRICALS (INDIA) 's p/b ratio hit its five-year low in Mar2022 of 2.17x.


How does MARINE ELECTRICALS (INDIA) 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
MARINE ELECTRICALS (INDIA) 492.907.063,481.4
HITACHI ENERGY INDIA LTD5,175.9631.74164,269.0
ABB INDIA LTD7,835.9219.37151,804.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD7,970.4818.53147,715.0
SIEMENS LTD13,525.509.75131,832.0
GE VERNOVA T&D INDIA LTD1,773.1173.00129,432.0
WAAREE ENERGIES LTD14,437.306.0887,828.6
HAVELLS INDIA LTD9,431.737.6672,216.7
SUZLON ENERGY LTD9,463.528.0476,053.1
APAR INDUSTRIES LTD5,393.3810.3355,720.5
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD774.4236.2428,061.2

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs MARINE ELECTRICALS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 6.08x
Max industry PB 73.00x
Median industry PB 10.33x
Average industry PB 20.71x



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