PRADEEP METALS
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The Current P/B Ratio of PRADEEP METALS is 4.37.
Share Price | ₹238.8 | May 13,2024 |
Market Cap | ₹413.1 Cr | |
Book Value | ₹94.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.37x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PRADEEP METALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹413.1 Cr] as on May 13,2024
(/) Book Value [ ₹94.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.37x ]
Thus, for PRADEEP METALS , the investors are currently willing to pay '4.37 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 PRADEEP METALS !
The chart below summarizes the trend in P/B Ratio of PRADEEP METALS over the last five years.
Historical PB (Price/Book ) ratio chart of PRADEEP METALS
PB Ratio Performance Analysis for PRADEEP METALS
- PRADEEP METALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.06x.
- PRADEEP METALS 's operated at median p/b ratio of 2.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRADEEP METALS 's p/b ratio peaked in Mar2023 at 3.16x.
- PRADEEP METALS 's p/b ratio hit its five-year low in Mar2021 of 1.06x.
How does PRADEEP METALS 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRADEEP METALS | 94.44 | 4.37 | 413.1 |
BHARAT ELECTRONICS LTD | 13,861.60 | 11.85 | 164,287.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.68 | 98,664.3 |
THERMAX LTD | 4,439.80 | 12.37 | 54,907.8 |
TRIVENI TURBINE LTD | 760.35 | 23.21 | 17,648.5 |
KIRLOSKAR OIL ENGINES LTD | 2,676.21 | 5.97 | 15,988.9 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.05 | 11,304.2 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.56 | 9,206.3 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.56 | 8,500.1 |
KIRLOSKAR BROTHERS LTD | 1,403.88 | 8.06 | 11,315.8 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.63 | 10,104.4 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs PRADEEP METALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.68x |
Max industry PB | 23.21x |
Median industry PB | 8.06x |
Average industry PB | 9.12x |
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