MENON BEARINGS
|
The Current P/B Ratio of MENON BEARINGS is 5.43.
Share Price | ₹129.3 | Apr 29,2024 |
Market Cap | ₹723.8 Cr | |
Book Value | ₹133.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.43x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MENON BEARINGS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹723.8 Cr] as on Apr 29,2024
(/) Book Value [ ₹133.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.43x ]
Thus, for MENON BEARINGS , the investors are currently willing to pay '5.43 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 MENON BEARINGS !
The chart below summarizes the trend in P/B Ratio of MENON BEARINGS over the last five years.
Historical PB (Price/Book ) ratio chart of MENON BEARINGS
PB Ratio Performance Analysis for MENON BEARINGS
- MENON BEARINGS 's p/b ratio for fiscal years ending Mar2023 to Mar2005 averaged 2.66x.
- MENON BEARINGS 's operated at median p/b ratio of 2.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MENON BEARINGS 's p/b ratio peaked in Mar2023 at 4.06x.
- MENON BEARINGS 's p/b ratio hit its five-year low in Mar2008 of 1.67x.
How does MENON BEARINGS 's P/B Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MENON BEARINGS | 133.32 | 5.43 | 723.8 |
SCHAEFFLER INDIA LTD | 4,815.36 | 11.29 | 54,388.2 |
TIMKEN INDIA LTD | 2,037.17 | 11.83 | 24,096.3 |
SKF INDIA LTD | 2,341.38 | 9.59 | 22,465.3 |
ROLEX RINGS LTD | 743.01 | 6.75 | 5,016.9 |
NRB BEARINGS LTD | 667.76 | 4.53 | 3,025.4 |
GALAXY BEARINGS LTD | 74.46 | 6.22 | 463.5 |
BIMETAL BEARINGS LTD | 204.33 | 1.20 | 244.3 |
VISHAL BEARINGS LTD | 33.35 | 4.97 | 165.8 |
SNL BEARINGS LTD | 54.04 | 2.60 | 140.3 |
Bearings Industry Benchmark (Top 10) PB Analysis vs MENON BEARINGS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.20x |
Max industry PB | 11.83x |
Median industry PB | 6.22x |
Average industry PB | 6.44x |
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