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PRECISION ELECTRONICS
PB (Price/Book ) Ratio

The Current P/B Ratio of PRECISION ELECTRONICS is 15.88.

Share Price ₹154.3May 15,2024
Market Cap ₹212.9 Cr
Book Value₹13.4 CrMar2023 - Standalone Results
Price/Book 15.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PRECISION ELECTRONICS

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 PRECISION ELECTRONICS is calculated as :

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 ]

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

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 latest p/b ratio is 15.88x.

- 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 ValuePB RatioMarket Cap
PRECISION ELECTRONICS 13.4115.88212.9
LARSEN & TOUBRO LTD86,359.205.43468,812.0
RAIL VIKAS NIGAM LTD7,325.107.8457,463.1
GMR AIRPORTS INFRASTRUCTURE LTD-792.78-63.8350,605.4
IRB INFRASTRUCTURE DEVELOPERS LTD13,744.502.8939,676.2
IRCON INTERNATIONAL LTD5,211.494.3822,831.0
KEC INTERNATIONAL LTD4,095.704.7819,561.8
KALPATARU PROJECTS INTERNATIONAL LTD5,138.003.7319,147.5
NCC LTD6,639.702.3715,762.1
GR INFRAPROJECTS LTD6,265.132.2514,112.2
STERLING AND WILSON RENEWABLE ENERGY LTD969.1718.2917,724.5

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs PRECISION ELECTRONICS 's P/B Ratio

Top 10 Industry PeersPB 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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