Home > PB Ratio > RATNAVEER PRECISION ENGINEERING

RATNAVEER PRECISION ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of RATNAVEER PRECISION ENGINEERING is 6.44.

Share Price ₹140.8Apr 30,2024
Market Cap ₹682.6 Cr
Book Value₹106.1 CrMar2023 - Standalone Results
Price/Book 6.44xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for RATNAVEER PRECISION ENGINEERING
Please provide your vote to see the results
RATNAVEER PRECISION ENGINEERING is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of RATNAVEER PRECISION ENGINEERING

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 RATNAVEER PRECISION ENGINEERING is calculated as :

Current Market Cap [ ₹682.6 Cr] as on Apr 30,2024

(/) Book Value [ ₹106.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.44x ]

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

Thus, for RATNAVEER PRECISION ENGINEERING , the investors are currently willing to pay '6.44 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 RATNAVEER PRECISION ENGINEERING !

The chart below summarizes the trend in P/B Ratio of RATNAVEER PRECISION ENGINEERING over the last five years.

Historical PB (Price/Book ) ratio chart of RATNAVEER PRECISION ENGINEERING


PB Ratio Performance Analysis for RATNAVEER PRECISION ENGINEERING

- RATNAVEER PRECISION ENGINEERING 's latest p/b ratio is 6.44x.

- RATNAVEER PRECISION ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.

- RATNAVEER PRECISION ENGINEERING 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, RATNAVEER PRECISION ENGINEERING 's p/b ratio peaked in Mar2023 at 0x.

- RATNAVEER PRECISION ENGINEERING 's p/b ratio hit its five-year low in Mar2023 of 0x.


How does RATNAVEER PRECISION ENGINEERING 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
RATNAVEER PRECISION ENGINEERING 106.056.44682.6
JSW STEEL LTD65,287.003.31215,836.0
TATA STEEL LTD103,082.002.00205,915.0
JINDAL STAINLESS LTD11,931.204.8858,208.6
STEEL AUTHORITY OF INDIA LTD54,746.701.2467,843.9
APL APOLLO TUBES LTD3,003.7914.3943,230.0
MOTHERSON SUMI WIRING INDIA LTD1,330.5022.9630,549.9
RATNAMANI METALS & TUBES LTD2,603.908.4922,099.0
SHYAM METALICS AND ENERGY LTD7,162.452.4517,565.8
WELSPUN CORP LTD4,718.863.1314,764.5
JINDAL SAW LTD7,922.762.2417,746.3

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs RATNAVEER PRECISION ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.24x
Max industry PB 22.96x
Median industry PB 3.31x
Average industry PB 6.50x



You may also like the below Video Courses