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ORIENT ELECTRIC
PB (Price/Book ) Ratio

The Current P/B Ratio of ORIENT ELECTRIC is 8.04.

Share Price ₹218.5Apr 24,2024
Market Cap ₹4,661.7 Cr
Book Value₹579.5 CrMar2023 - Standalone Results
Price/Book 8.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ORIENT ELECTRIC

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 ORIENT ELECTRIC is calculated as :

Current Market Cap [ ₹4,661.7 Cr] as on Apr 24,2024

(/) Book Value [ ₹579.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 8.04x ]

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

Thus, for ORIENT ELECTRIC , the investors are currently willing to pay '8.04 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 ORIENT ELECTRIC !

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

Historical PB (Price/Book ) ratio chart of ORIENT ELECTRIC


PB Ratio Performance Analysis for ORIENT ELECTRIC

- ORIENT ELECTRIC 's latest p/b ratio is 8.04x.

- ORIENT ELECTRIC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.96x.

- ORIENT ELECTRIC 's operated at median p/b ratio of 11.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENT ELECTRIC 's p/b ratio peaked in Mar2021 at 14.72x.

- ORIENT ELECTRIC 's p/b ratio hit its five-year low in Mar2023 of 9.93x.


How does ORIENT ELECTRIC 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?

Peer Comparison (Consumer Durables - Domestic Appliances Industry)Book ValuePB RatioMarket Cap
ORIENT ELECTRIC 579.488.044,661.7
CROMPTON GREAVES CONSUMER ELECTRICALS LTD2,519.587.9620,052.1
WHIRLPOOL OF INDIA LTD3,452.485.7019,686.7
BAJAJ ELECTRICALS LTD1,888.475.7310,823.6
TTK PRESTIGE LTD1,938.455.049,773.7
EUREKA FORBES LTD4,097.642.409,840.4
SYMPHONY LTD880.917.446,550.9
IFB INDUSTRIES LTD667.4710.136,761.4
BOROSIL LTD858.674.704,035.0
PG ELECTROPLAST LTD391.2313.345,218.3
HAWKINS COOKERS LTD276.1312.073,332.4

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs ORIENT ELECTRIC 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.40x
Max industry PB 13.34x
Median industry PB 7.44x
Average industry PB 7.50x



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