MEHAI TECHNOLOGY
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The Current P/B Ratio of MEHAI TECHNOLOGY is 18.73.
Share Price | ₹21.4 | May 09,2025 |
Market Cap | ₹679.9 Cr | |
Book Value | ₹36.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 18.73x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MEHAI TECHNOLOGY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MEHAI TECHNOLOGY | 36.29 | 18.73 | 679.9 |
SIEMENS LTD | 15,356.70 | 6.63 | 101,785.0 |
ABB INDIA LTD | 7,075.33 | 16.30 | 115,351.0 |
HAVELLS INDIA LTD | 8,323.79 | 11.66 | 97,044.3 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 3,843.95 | 24.24 | 93,163.5 |
SUZLON ENERGY LTD | 3,891.17 | 18.46 | 71,833.8 |
WAAREE ENERGIES LTD | 9,479.20 | 7.86 | 74,491.1 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 49.47 | 67,272.6 |
GE VERNOVA T&D INDIA LTD | 1,242.94 | 34.10 | 42,379.5 |
APAR INDUSTRIES LTD | 3,876.44 | 6.33 | 24,541.6 |
INOX WIND LTD | 1,697.35 | 12.05 | 20,450.0 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs MEHAI TECHNOLOGY 's P/B Ratio
Top 10 Industry Peers | PB 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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