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RAJRATAN GLOBAL WIRE
PB (Price/Book ) Ratio

The Current P/B Ratio of RAJRATAN GLOBAL WIRE is 7.65.

Share Price ₹661.5Apr 19,2024
Market Cap ₹3,360.2 Cr
Book Value₹439.4 CrMar2023 - Consolidated Results
Price/Book 7.65xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RAJRATAN GLOBAL WIRE

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 RAJRATAN GLOBAL WIRE is calculated as :

Current Market Cap [ ₹3,360.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹439.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.65x ]

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

Thus, for RAJRATAN GLOBAL WIRE , the investors are currently willing to pay '7.65 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 RAJRATAN GLOBAL WIRE !

The chart below summarizes the trend in P/B Ratio of RAJRATAN GLOBAL WIRE over the last five years.

Historical PB (Price/Book ) ratio chart of RAJRATAN GLOBAL WIRE


PB Ratio Performance Analysis for RAJRATAN GLOBAL WIRE

- RAJRATAN GLOBAL WIRE 's latest p/b ratio is 7.65x.

- RAJRATAN GLOBAL WIRE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.61x.

- RAJRATAN GLOBAL WIRE 's operated at median p/b ratio of 3.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAJRATAN GLOBAL WIRE 's p/b ratio peaked in Mar2023 at 8.59x.

- RAJRATAN GLOBAL WIRE 's p/b ratio hit its five-year low in Mar2020 of 1.13x.


How does RAJRATAN GLOBAL WIRE 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
RAJRATAN GLOBAL WIRE 439.387.653,360.2
BOSCH LTD11,005.107.9887,818.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.8486,128.3
SONA BLW PRECISION FORGINGS LTD2,285.6017.4839,960.6
UNO MINDA LTD4,140.1510.0541,598.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,409.1110.8126,047.2
ENDURANCE TECHNOLOGIES LTD4,412.135.8725,896.7
JBM AUTO LTD1,029.7620.0620,656.6
TVS HOLDINGS LTD3,240.995.1316,640.3
MINDA CORPORATION LTD1,585.806.109,668.4
CRAFTSMAN AUTOMATION LTD1,376.906.629,116.9

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs RAJRATAN GLOBAL WIRE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.84x
Max industry PB 20.06x
Median industry PB 7.65x
Average industry PB 9.24x



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