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PPAP AUTOMOTIVE
PB (Price/Book ) Ratio

The Current P/B Ratio of PPAP AUTOMOTIVE is 1.00.

Share Price ₹209.6Apr 23,2024
Market Cap ₹293.4 Cr
Book Value₹294.3 CrMar2023 - Consolidated Results
Price/Book 1.00xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PPAP AUTOMOTIVE

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 PPAP AUTOMOTIVE is calculated as :

Current Market Cap [ ₹293.4 Cr] as on Apr 23,2024

(/) Book Value [ ₹294.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.00x ]

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

Thus, for PPAP AUTOMOTIVE , the investors are currently willing to pay '1.00 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 PPAP AUTOMOTIVE !

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

Historical PB (Price/Book ) ratio chart of PPAP AUTOMOTIVE


PB Ratio Performance Analysis for PPAP AUTOMOTIVE

- PPAP AUTOMOTIVE 's latest p/b ratio is 1.00x.

- PPAP AUTOMOTIVE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.91x.

- PPAP AUTOMOTIVE 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PPAP AUTOMOTIVE 's p/b ratio peaked in Mar2019 at 1.36x.

- PPAP AUTOMOTIVE 's p/b ratio hit its five-year low in Mar2020 of 0.66x.


How does PPAP AUTOMOTIVE 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
PPAP AUTOMOTIVE 294.261.00293.4
BOSCH LTD11,005.107.8586,365.9
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.8586,331.6
SONA BLW PRECISION FORGINGS LTD2,285.6017.0739,019.3
UNO MINDA LTD4,140.1510.0841,728.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,409.1111.0926,708.3
ENDURANCE TECHNOLOGIES LTD4,412.135.9626,289.2
JBM AUTO LTD1,029.7620.3120,919.1
TVS HOLDINGS LTD3,240.995.1616,729.8
MINDA CORPORATION LTD1,585.806.229,862.0
CRAFTSMAN AUTOMATION LTD1,376.906.619,094.7

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs PPAP AUTOMOTIVE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.00x
Max industry PB 20.31x
Median industry PB 6.61x
Average industry PB 8.65x



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