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PANASONIC CARBON INDIA COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of PANASONIC CARBON INDIA COMPANY is 1.70.

Share Price ₹508.8May 02,2024
Market Cap ₹244.2 Cr
Book Value₹144.1 CrMar2023 - Standalone Results
Price/Book 1.70xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PANASONIC CARBON INDIA COMPANY

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 PANASONIC CARBON INDIA COMPANY is calculated as :

Current Market Cap [ ₹244.2 Cr] as on May 02,2024

(/) Book Value [ ₹144.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.70x ]

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

Thus, for PANASONIC CARBON INDIA COMPANY , the investors are currently willing to pay '1.70 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 PANASONIC CARBON INDIA COMPANY !

The chart below summarizes the trend in P/B Ratio of PANASONIC CARBON INDIA COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of PANASONIC CARBON INDIA COMPANY


PB Ratio Performance Analysis for PANASONIC CARBON INDIA COMPANY

- PANASONIC CARBON INDIA COMPANY 's latest p/b ratio is 1.70x.

- PANASONIC CARBON INDIA COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.38x.

- PANASONIC CARBON INDIA COMPANY 's operated at median p/b ratio of 1.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANASONIC CARBON INDIA COMPANY 's p/b ratio peaked in Mar2019 at 1.67x.

- PANASONIC CARBON INDIA COMPANY 's p/b ratio hit its five-year low in Mar2023 of 1.12x.


How does PANASONIC CARBON INDIA COMPANY 's P/B Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?

Peer Comparison (Electrodes & Welding Equipment Industry)Book ValuePB RatioMarket Cap
PANASONIC CARBON INDIA COMPANY 144.051.70244.2
GRAPHITE INDIA LTD4,963.842.6313,032.5
ESAB INDIA LTD260.2731.268,134.8
HEG LTD4,280.942.119,039.7
ADOR WELDING LTD362.385.271,908.6
DE NORA INDIA LTD119.697.22864.7
ADOR FONTECH LTD126.573.96500.9
GEE LTD193.001.69326.8

Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs PANASONIC CARBON INDIA COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.69x
Max industry PB 31.26x
Median industry PB 3.96x
Average industry PB 6.98x



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