NIBE
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The Current P/B Ratio of NIBE is 35.04.
Share Price | ₹1,708.4 | Apr 18,2024 |
Market Cap | ₹2,238.0 Cr | |
Book Value | ₹63.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 35.04x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NIBE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,238.0 Cr] as on Apr 18,2024
(/) Book Value [ ₹63.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 35.04x ]
Thus, for NIBE , the investors are currently willing to pay '35.04 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 NIBE !
The chart below summarizes the trend in P/B Ratio of NIBE over the last five years.
Historical PB (Price/Book ) ratio chart of NIBE
PB Ratio Performance Analysis for NIBE
- NIBE 's p/b ratio for fiscal years ending Mar2023 to Mar2023 averaged 6.76x.
- NIBE 's operated at median p/b ratio of 6.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, NIBE 's p/b ratio peaked in Mar2023 at 6.76x.
- NIBE 's p/b ratio hit its five-year low in Mar2023 of 6.76x.
How does NIBE 's P/B Ratio benchmark against top 10 peers in Defence Industry?
Peer Comparison (Defence Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NIBE | 63.87 | 35.04 | 2,238.0 |
HINDUSTAN AERONAUTICS LTD | 23,572.20 | 10.43 | 245,965.0 |
BHARAT DYNAMICS LTD | 3,211.50 | 10.34 | 33,193.1 |
DATA PATTERNS (INDIA) LTD | 1,167.08 | 13.15 | 15,343.0 |
ASTRA MICROWAVE PRODUCTS LTD | 642.62 | 10.27 | 6,596.8 |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 413.25 | 6.54 | 2,704.1 |
ROSSELL INDIA LTD | 287.06 | 5.26 | 1,510.3 |
Defence Industry Benchmark (Top 10) PB Analysis vs NIBE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 5.26x |
Max industry PB | 35.04x |
Median industry PB | 10.34x |
Average industry PB | 13.00x |
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