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RIR POWER ELECTRONICS
PB (Price/Book ) Ratio

The Current P/B Ratio of RIR POWER ELECTRONICS is 42.10.

Share Price ₹1,986.4Apr 30,2024
Market Cap ₹1,390.5 Cr
Book Value₹33.0 CrMar2023 - Consolidated Results
Price/Book 42.10xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RIR POWER ELECTRONICS

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 RIR POWER ELECTRONICS is calculated as :

Current Market Cap [ ₹1,390.5 Cr] as on Apr 30,2024

(/) Book Value [ ₹33.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 42.10x ]

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

Thus, for RIR POWER ELECTRONICS , the investors are currently willing to pay '42.10 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 RIR POWER ELECTRONICS !

The chart below summarizes the trend in P/B Ratio of RIR POWER ELECTRONICS over the last five years.

Historical PB (Price/Book ) ratio chart of RIR POWER ELECTRONICS


PB Ratio Performance Analysis for RIR POWER ELECTRONICS

- RIR POWER ELECTRONICS 's latest p/b ratio is 42.10x.

- RIR POWER ELECTRONICS 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 4.90x.

- RIR POWER ELECTRONICS 's operated at median p/b ratio of 6.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, RIR POWER ELECTRONICS 's p/b ratio peaked in Mar2022 at 6.78x.

- RIR POWER ELECTRONICS 's p/b ratio hit its five-year low in Mar2021 of 1.6x.


How does RIR POWER ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Book ValuePB RatioMarket Cap
RIR POWER ELECTRONICS 33.0342.101,390.5
KAYNES TECHNOLOGY INDIA LTD958.4117.7417,002.5
SYRMA SGS TECHNOLOGY LTD1,534.135.658,664.4
AVALON TECHNOLOGIES LTD216.7215.653,392.4
DCX SYSTEMS LTD566.726.313,576.6
APOLLO MICRO SYSTEMS LTD337.539.123,079.7
IKIO LIGHTING LTD142.1616.102,289.4
CENTUM ELECTRONICS LTD209.2912.462,607.3
WEBSOL ENERGY SYSTEM LTD191.2815.022,872.1
SWELECT ENERGY SYSTEMS LTD787.232.541,998.5
KERNEX MICROSYSTEMS (INDIA) LTD82.1410.73881.7

Electronics - Components Industry Benchmark (Top 10) PB Analysis vs RIR POWER ELECTRONICS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.54x
Max industry PB 42.10x
Median industry PB 12.46x
Average industry PB 13.95x



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