PATEL ENGINEERING
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The Current P/B Ratio of PATEL ENGINEERING is 1.89.
Share Price | ₹64.6 | Apr 26,2024 |
Market Cap | ₹5,450.6 Cr | |
Book Value | ₹2,888.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.89x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PATEL ENGINEERING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,450.6 Cr] as on Apr 26,2024
(/) Book Value [ ₹2,888.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.89x ]
Thus, for PATEL ENGINEERING , the investors are currently willing to pay '1.89 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 PATEL ENGINEERING !
The chart below summarizes the trend in P/B Ratio of PATEL ENGINEERING over the last five years.
Historical PB (Price/Book ) ratio chart of PATEL ENGINEERING
PB Ratio Performance Analysis for PATEL ENGINEERING
- PATEL ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.30x.
- PATEL ENGINEERING 's operated at median p/b ratio of 0.24x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PATEL ENGINEERING 's p/b ratio peaked in Mar2022 at 0.51x.
- PATEL ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 0.14x.
How does PATEL ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PATEL ENGINEERING | 2,887.96 | 1.89 | 5,450.6 |
LARSEN & TOUBRO LTD | 88,858.90 | 5.57 | 495,197.0 |
RAIL VIKAS NIGAM LTD | 7,325.10 | 8.25 | 60,434.3 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -69.12 | 54,800.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,378.90 | 3.11 | 41,542.3 |
IRCON INTERNATIONAL LTD | 5,211.49 | 4.53 | 23,588.1 |
KEC INTERNATIONAL LTD | 3,771.42 | 4.95 | 18,672.3 |
KALPATARU PROJECTS INTERNATIONAL LTD | 4,720.62 | 4.08 | 19,273.4 |
NCC LTD | 6,166.83 | 2.54 | 15,689.9 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.10 | 13,168.1 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 969.17 | 16.41 | 15,903.7 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs PATEL ENGINEERING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -69.12x |
Max industry PB | 16.41x |
Median industry PB | 4.08x |
Average industry PB | -1.43x |
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