PRECISION ELECTRONICS
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The Current P/B Ratio of PRECISION ELECTRONICS is 15.88.
Share Price | ₹154.3 | May 15,2024 |
Market Cap | ₹212.9 Cr | |
Book Value | ₹13.4 Cr | Mar2023 - Standalone Results |
Price/Book | 15.88x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PRECISION ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹212.9 Cr] as on May 15,2024
(/) Book Value [ ₹13.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 15.88x ]
Thus, for PRECISION ELECTRONICS , the investors are currently willing to pay '15.88 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 PRECISION ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of PRECISION ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of PRECISION ELECTRONICS
PB Ratio Performance Analysis for PRECISION ELECTRONICS
- PRECISION ELECTRONICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.97x.
- PRECISION ELECTRONICS 's operated at median p/b ratio of 3.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRECISION ELECTRONICS 's p/b ratio peaked in Mar2022 at 3.62x.
- PRECISION ELECTRONICS 's p/b ratio hit its five-year low in Mar2020 of 1.75x.
How does PRECISION ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRECISION ELECTRONICS | 13.41 | 15.88 | 212.9 |
LARSEN & TOUBRO LTD | 86,359.20 | 5.43 | 468,812.0 |
RAIL VIKAS NIGAM LTD | 7,325.10 | 7.84 | 57,463.1 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -63.83 | 50,605.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 2.89 | 39,676.2 |
IRCON INTERNATIONAL LTD | 5,211.49 | 4.38 | 22,831.0 |
KEC INTERNATIONAL LTD | 4,095.70 | 4.78 | 19,561.8 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,138.00 | 3.73 | 19,147.5 |
NCC LTD | 6,639.70 | 2.37 | 15,762.1 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.25 | 14,112.2 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 969.17 | 18.29 | 17,724.5 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs PRECISION ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -63.83x |
Max industry PB | 18.29x |
Median industry PB | 4.38x |
Average industry PB | 0.36x |
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