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RACL GEARTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of RACL GEARTECH is 8.43.

Share Price ₹1,306.7Apr 24,2024
Market Cap ₹1,411.2 Cr
Book Value₹167.5 CrMar2023 - Consolidated Results
Price/Book 8.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RACL GEARTECH

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 RACL GEARTECH is calculated as :

Current Market Cap [ ₹1,411.2 Cr] as on Apr 24,2024

(/) Book Value [ ₹167.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.43x ]

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

Thus, for RACL GEARTECH , the investors are currently willing to pay '8.43 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 RACL GEARTECH !

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

Historical PB (Price/Book ) ratio chart of RACL GEARTECH


PB Ratio Performance Analysis for RACL GEARTECH

- RACL GEARTECH 's latest p/b ratio is 8.43x.

- RACL GEARTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.02x.

- RACL GEARTECH 's operated at median p/b ratio of 2.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RACL GEARTECH 's p/b ratio peaked in Mar2023 at 5.86x.

- RACL GEARTECH 's p/b ratio hit its five-year low in Mar2020 of 0.69x.


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

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
RACL GEARTECH 167.488.431,411.2
BOSCH LTD11,005.107.7485,136.9
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.8385,925.0
SONA BLW PRECISION FORGINGS LTD2,285.6017.1139,095.5
UNO MINDA LTD4,140.1510.0041,420.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,409.1110.9526,376.7
ENDURANCE TECHNOLOGIES LTD4,412.136.1627,159.9
JBM AUTO LTD1,029.7620.9421,558.8
TVS HOLDINGS LTD3,240.995.2316,964.9
MINDA CORPORATION LTD1,585.806.259,906.3
CRAFTSMAN AUTOMATION LTD1,376.907.069,724.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.83x
Max industry PB 20.94x
Median industry PB 7.74x
Average industry PB 9.43x



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