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NIBE
PB (Price/Book ) Ratio

The Current P/B Ratio of NIBE is 35.04.

Share Price ₹1,708.4Apr 18,2024
Market Cap ₹2,238.0 Cr
Book Value₹63.9 CrMar2023 - Consolidated Results
Price/Book 35.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NIBE

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of NIBE is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 35.04x.

- 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 ValuePB RatioMarket Cap
NIBE 63.8735.042,238.0
HINDUSTAN AERONAUTICS LTD23,572.2010.43245,965.0
BHARAT DYNAMICS LTD3,211.5010.3433,193.1
DATA PATTERNS (INDIA) LTD1,167.0813.1515,343.0
ASTRA MICROWAVE PRODUCTS LTD642.6210.276,596.8
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD413.256.542,704.1
ROSSELL INDIA LTD287.065.261,510.3

Defence Industry Benchmark (Top 10) PB Analysis vs NIBE 's P/B Ratio

Top 10 Industry PeersPB 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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