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PANASONIC ENERGY INDIA COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of PANASONIC ENERGY INDIA COMPANY is 3.90.

Share Price ₹477.3May 13,2024
Market Cap ₹357.9 Cr
Book Value₹91.8 CrMar2023 - Standalone Results
Price/Book 3.90xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PANASONIC ENERGY 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 ENERGY INDIA COMPANY is calculated as :

Current Market Cap [ ₹357.9 Cr] as on May 13,2024

(/) Book Value [ ₹91.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.90x ]

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

Thus, for PANASONIC ENERGY INDIA COMPANY , the investors are currently willing to pay '3.90 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 ENERGY INDIA COMPANY !

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

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


PB Ratio Performance Analysis for PANASONIC ENERGY INDIA COMPANY

- PANASONIC ENERGY INDIA COMPANY 's latest p/b ratio is 3.90x.

- PANASONIC ENERGY INDIA COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.48x.

- PANASONIC ENERGY INDIA COMPANY 's operated at median p/b ratio of 1.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANASONIC ENERGY INDIA COMPANY 's p/b ratio peaked in Mar2022 at 1.92x.

- PANASONIC ENERGY INDIA COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.82x.


How does PANASONIC ENERGY INDIA COMPANY 's P/B Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Book ValuePB RatioMarket Cap
PANASONIC ENERGY INDIA COMPANY 91.773.90357.9
EXIDE INDUSTRIES LTD12,886.303.0138,730.2
AMARA RAJA ENERGY & MOBILITY LTD5,299.243.6819,513.2
HBL POWER SYSTEMS LTD951.4514.6313,920.7
EVEREADY INDUSTRIES INDIA LTD386.716.132,371.1
HIGH ENERGY BATTERIES (INDIA) LTD87.717.92694.3
INDONATIONAL LTD231.481.85428.7

Batteries Industry Benchmark (Top 10) PB Analysis vs PANASONIC ENERGY INDIA COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.85x
Max industry PB 14.63x
Median industry PB 3.90x
Average industry PB 5.87x



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