MRF
|
The Current P/B Ratio of MRF is 3.43.
Share Price | ₹150,876.0 | Jul 24,2025 |
Market Cap | ₹63,367.9 Cr | |
Book Value | ₹18,488.5 Cr | Mar2025 - Consolidated Results |
Price/Book | 3.43x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MRF
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹63,367.9 Cr] as on Jul 24,2025
(/) Book Value [ ₹18,488.5 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 3.43x ]
Thus, for MRF , the investors are currently willing to pay '3.43 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 MRF !
The chart below summarizes the trend in P/B Ratio of MRF over the last five years.
Historical PB (Price/Book ) ratio chart of MRF
PB Ratio Performance Analysis for MRF
- MRF 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 2.59x.
- MRF 's operated at median p/b ratio of 2.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MRF 's p/b ratio peaked in Mar2024 at 3.38x.
- MRF 's p/b ratio hit its five-year low in Mar2022 of 1.96x.
How does MRF 's P/B Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MRF | 18,488.50 | 3.43 | 63,367.9 |
BALKRISHNA INDUSTRIES LTD | 10,387.60 | 5.07 | 52,716.6 |
APOLLO TYRES LTD | 14,765.70 | 1.97 | 29,119.4 |
CEAT LTD | 4,368.53 | 3.10 | 13,529.8 |
JK TYRE & INDUSTRIES LTD | 4,850.38 | 2.00 | 9,685.2 |
TVS SRICHAKRA LTD | 1,183.90 | 1.99 | 2,352.1 |
GOODYEAR INDIA LTD | 602.95 | 3.75 | 2,262.6 |
TOLINS TYRES LTD | 100.53 | 6.31 | 634.3 |
Tyres & Allied Industry Benchmark (Top 10) PB Analysis vs MRF 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.97x |
Max industry PB | 6.31x |
Median industry PB | 3.43x |
Average industry PB | 3.45x |
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