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OLECTRA GREENTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of OLECTRA GREENTECH is 17.26.

Share Price ₹1,765.8Apr 23,2024
Market Cap ₹14,497.2 Cr
Book Value₹839.7 CrMar2023 - Consolidated Results
Price/Book 17.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of OLECTRA GREENTECH

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 OLECTRA GREENTECH is calculated as :

Current Market Cap [ ₹14,497.2 Cr] as on Apr 23,2024

(/) Book Value [ ₹839.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 17.26x ]

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

Thus, for OLECTRA GREENTECH , the investors are currently willing to pay '17.26 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 OLECTRA GREENTECH !

The chart below summarizes the trend in P/B Ratio of OLECTRA GREENTECH over the last five years.

Historical PB (Price/Book ) ratio chart of OLECTRA GREENTECH


PB Ratio Performance Analysis for OLECTRA GREENTECH

- OLECTRA GREENTECH 's latest p/b ratio is 17.26x.

- OLECTRA GREENTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.80x.

- OLECTRA GREENTECH 's operated at median p/b ratio of 2.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/b ratio peaked in Mar2022 at 7.06x.

- OLECTRA GREENTECH 's p/b ratio hit its five-year low in Mar2020 of 0.55x.


How does OLECTRA GREENTECH 's P/B Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?

Peer Comparison (Automobiles-Trucks/Lcv Industry)Book ValuePB RatioMarket Cap
OLECTRA GREENTECH 839.7517.2614,497.2
TATA MOTORS LTD45,256.107.25327,920.0
ASHOK LEYLAND LTD8,511.436.0351,283.0
FORCE MOTORS LTD1,875.036.8712,884.5
SML ISUZU LTD177.9518.403,274.2

Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PB Analysis vs OLECTRA GREENTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 6.03x
Max industry PB 18.40x
Median industry PB 7.25x
Average industry PB 11.16x



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