Home > PB Ratio > PRITIKA AUTO INDUSTRIES

PRITIKA AUTO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of PRITIKA AUTO INDUSTRIES is 3.28.

Share Price ₹31.5Mar 28,2024
Market Cap ₹504.8 Cr
Book Value₹153.7 CrMar2023 - Consolidated Results
Price/Book 3.28xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for PRITIKA AUTO INDUSTRIES
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of PRITIKA AUTO INDUSTRIES

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 PRITIKA AUTO INDUSTRIES is calculated as :

Current Market Cap [ ₹504.8 Cr] as on Mar 28,2024

(/) Book Value [ ₹153.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.28x ]

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

Thus, for PRITIKA AUTO INDUSTRIES , the investors are currently willing to pay '3.28 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 PRITIKA AUTO INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of PRITIKA AUTO INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of PRITIKA AUTO INDUSTRIES


PB Ratio Performance Analysis for PRITIKA AUTO INDUSTRIES

- PRITIKA AUTO INDUSTRIES 's latest p/b ratio is 3.28x.

- PRITIKA AUTO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.30x.

- PRITIKA AUTO INDUSTRIES 's operated at median p/b ratio of 0.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRITIKA AUTO INDUSTRIES 's p/b ratio peaked in Mar2019 at 2.61x.

- PRITIKA AUTO INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 0.81x.


How does PRITIKA AUTO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
PRITIKA AUTO INDUSTRIES 153.713.28504.8
RITES LTD2,603.786.1315,963.2
ENGINEERS INDIA LTD1,961.525.7911,350.5
MTAR TECHNOLOGIES LTD620.138.355,178.8
KENNAMETAL INDIA LTD687.407.615,229.0
INOX GREEN ENERGY SERVICES LTD1,127.363.083,470.4
THEJO ENGINEERING LTD194.3413.552,632.4
DIVGI TORQTRANSFER SYSTEMS LTD551.284.272,353.4
PITTI ENGINEERING LTD334.047.332,448.0
DEEP INDUSTRIES LTD1,370.151.441,968.6
LOKESH MACHINES LTD158.984.31684.9

Engineering Industry Benchmark (Top 10) PB Analysis vs PRITIKA AUTO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.44x
Max industry PB 13.55x
Median industry PB 5.79x
Average industry PB 5.92x



You may also like the below Video Courses