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MEHAI TECHNOLOGY
PB (Price/Book ) Ratio

The Current P/B Ratio of MEHAI TECHNOLOGY is 18.73.

Share Price ₹21.4May 09,2025
Market Cap ₹679.9 Cr
Book Value₹36.3 CrMar2024 - Consolidated Results
Price/Book 18.73xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MEHAI TECHNOLOGY

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 MEHAI TECHNOLOGY is calculated as :

Current Market Cap [ ₹679.9 Cr] as on May 09,2025

(/) Book Value [ ₹36.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 18.73x ]

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

Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay '18.73 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 MEHAI TECHNOLOGY !

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

Historical PB (Price/Book ) ratio chart of MEHAI TECHNOLOGY


PB Ratio Performance Analysis for MEHAI TECHNOLOGY

- MEHAI TECHNOLOGY 's latest p/b ratio is 18.73x.

- MEHAI TECHNOLOGY 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 1.25x.

- MEHAI TECHNOLOGY 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MEHAI TECHNOLOGY 's p/b ratio peaked in Mar2023 at 1.43x.

- MEHAI TECHNOLOGY 's p/b ratio hit its five-year low in Mar2024 of 1.06x.


How does MEHAI TECHNOLOGY 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
MEHAI TECHNOLOGY 36.2918.73679.9
SIEMENS LTD15,356.706.63101,785.0
ABB INDIA LTD7,075.3316.30115,351.0
HAVELLS INDIA LTD8,323.7911.6697,044.3
CG POWER AND INDUSTRIAL SOLUTIONS LTD3,843.9524.2493,163.5
SUZLON ENERGY LTD3,891.1718.4671,833.8
WAAREE ENERGIES LTD9,479.207.8674,491.1
HITACHI ENERGY INDIA LTD1,359.8749.4767,272.6
GE VERNOVA T&D INDIA LTD1,242.9434.1042,379.5
APAR INDUSTRIES LTD3,876.446.3324,541.6
INOX WIND LTD1,697.3512.0520,450.0

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs MEHAI TECHNOLOGY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 6.33x
Max industry PB 49.47x
Median industry PB 16.30x
Average industry PB 18.71x



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