NELCO
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The Current P/B Ratio of NELCO is 13.90.
Share Price | ₹753.2 | May 03,2024 |
Market Cap | ₹1,717.3 Cr | |
Book Value | ₹123.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 13.90x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NELCO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,717.3 Cr] as on May 03,2024
(/) Book Value [ ₹123.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 13.90x ]
Thus, for NELCO , the investors are currently willing to pay '13.90 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 NELCO !
The chart below summarizes the trend in P/B Ratio of NELCO over the last five years.
Historical PB (Price/Book ) ratio chart of NELCO
PB Ratio Performance Analysis for NELCO
- NELCO 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.22x.
- NELCO 's operated at median p/b ratio of 11.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCO 's p/b ratio peaked in Mar2022 at 18.32x.
- NELCO 's p/b ratio hit its five-year low in Mar2020 of 4.66x.
How does NELCO 's P/B Ratio benchmark against top 10 peers in IT - Hardware Industry?
Peer Comparison (IT - Hardware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NELCO | 123.58 | 13.90 | 1,717.3 |
TEJAS NETWORKS LTD | 3,149.49 | 5.91 | 18,612.5 |
NETWEB TECHNOLOGIES INDIA LTD | 422.75 | 24.71 | 10,448.3 |
CONTROL PRINT LTD | 293.98 | 4.97 | 1,460.3 |
E2E NETWORKS LTD | 48.50 | 33.64 | 1,631.8 |
SILVER TOUCH TECHNOLOGIES LTD | 95.11 | 9.93 | 944.5 |
SWISS MILITARY CONSUMER GOODS LTD | 67.83 | 8.36 | 567.0 |
EMPOWER INDIA LTD | 292.81 | 1.13 | 331.7 |
DC INFOTECH AND COMMUNICATION LTD | 29.53 | 9.77 | 288.6 |
DUCON INFRATECHNOLOGIES LTD | 122.37 | 1.53 | 187.4 |
MROTEK REALTY LTD | 65.85 | 2.32 | 152.8 |
IT - Hardware Industry Benchmark (Top 10) PB Analysis vs NELCO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.13x |
Max industry PB | 33.64x |
Median industry PB | 8.36x |
Average industry PB | 10.56x |
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