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PIX TRANSMISSIONS
PB (Price/Book ) Ratio

The Current P/B Ratio of PIX TRANSMISSIONS is 4.50.

Share Price ₹1,384.3Apr 23,2024
Market Cap ₹1,882.6 Cr
Book Value₹418.0 CrMar2023 - Consolidated Results
Price/Book 4.50xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PIX TRANSMISSIONS

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 PIX TRANSMISSIONS is calculated as :

Current Market Cap [ ₹1,882.6 Cr] as on Apr 23,2024

(/) Book Value [ ₹418.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.50x ]

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

Thus, for PIX TRANSMISSIONS , the investors are currently willing to pay '4.50 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 PIX TRANSMISSIONS !

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

Historical PB (Price/Book ) ratio chart of PIX TRANSMISSIONS


PB Ratio Performance Analysis for PIX TRANSMISSIONS

- PIX TRANSMISSIONS 's latest p/b ratio is 4.50x.

- PIX TRANSMISSIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.

- PIX TRANSMISSIONS 's operated at median p/b ratio of 1.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PIX TRANSMISSIONS 's p/b ratio peaked in Mar2022 at 3.18x.

- PIX TRANSMISSIONS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.


How does PIX TRANSMISSIONS 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Book ValuePB RatioMarket Cap
PIX TRANSMISSIONS 417.994.501,882.6
APCOTEX INDUSTRIES LTD476.014.992,375.8
GRP LTD147.425.91871.1
RUBFILA INTERNATIONAL LTD252.091.59401.1
INDAG RUBBER LTD211.811.84390.1
CAPTAIN PIPES LTD20.0515.72315.2
SOMI CONVEYOR BELTINGS LTD66.502.48164.9
DOLFIN RUBBERS LTD24.677.82192.9

Rubber Products Industry Benchmark (Top 10) PB Analysis vs PIX TRANSMISSIONS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.59x
Max industry PB 15.72x
Median industry PB 4.99x
Average industry PB 5.61x



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