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RANE ENGINE VALVE
PB (Price/Book ) Ratio

The Current P/B Ratio of RANE ENGINE VALVE is 2.13.

Share Price ₹306.0Mar 28,2024
Market Cap ₹220.3 Cr
Book Value₹103.6 CrMar2023 - Standalone Results
Price/Book 2.13xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RANE ENGINE VALVE

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 RANE ENGINE VALVE is calculated as :

Current Market Cap [ ₹220.3 Cr] as on Mar 28,2024

(/) Book Value [ ₹103.6 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.13x ]

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

Thus, for RANE ENGINE VALVE , the investors are currently willing to pay '2.13 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 RANE ENGINE VALVE !

The chart below summarizes the trend in P/B Ratio of RANE ENGINE VALVE over the last five years.

Historical PB (Price/Book ) ratio chart of RANE ENGINE VALVE


PB Ratio Performance Analysis for RANE ENGINE VALVE

- RANE ENGINE VALVE 's latest p/b ratio is 2.13x.

- RANE ENGINE VALVE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.61x.

- RANE ENGINE VALVE 's operated at median p/b ratio of 1.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RANE ENGINE VALVE 's p/b ratio peaked in Mar2019 at 2.44x.

- RANE ENGINE VALVE 's p/b ratio hit its five-year low in Mar2020 of 0.82x.


How does RANE ENGINE VALVE 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
RANE ENGINE VALVE 103.612.13220.3
BOSCH LTD11,005.108.0588,617.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.5379,318.0
SONA BLW PRECISION FORGINGS LTD2,285.6018.1041,376.8
UNO MINDA LTD4,140.159.4939,293.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD2,409.1111.9228,713.6
ENDURANCE TECHNOLOGIES LTD4,412.135.8325,740.6
JBM AUTO LTD1,029.7620.7221,336.5
TVS HOLDINGS LTD3,240.995.0916,508.4
MINDA CORPORATION LTD1,585.806.309,998.3
CRAFTSMAN AUTOMATION LTD1,376.906.639,131.1

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs RANE ENGINE VALVE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.13x
Max industry PB 20.72x
Median industry PB 6.63x
Average industry PB 8.89x



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