RTS POWER CORPORATION
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The Current P/B Ratio of RTS POWER CORPORATION is 1.22.
| Share Price | ₹182.6 | Apr 18,2024 |
| Market Cap | ₹167.9 Cr | |
| Book Value | ₹137.7 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.22x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of RTS POWER CORPORATION
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
Current Market Cap [ ₹167.9 Cr] as on Apr 18,2024
(/) Book Value [ ₹137.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.22x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for RTS POWER CORPORATION , the investors are currently willing to pay '1.22 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 RTS POWER CORPORATION !
The chart below summarizes the trend in P/B Ratio of RTS POWER CORPORATION over the last five years.
Thus, for RTS POWER CORPORATION , the investors are currently willing to pay '1.22 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 RTS POWER CORPORATION !
The chart below summarizes the trend in P/B Ratio of RTS POWER CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of RTS POWER CORPORATION
PB Ratio Performance Analysis for RTS POWER CORPORATION
- RTS POWER CORPORATION 's latest p/b ratio is 1.22x.
- RTS POWER CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2016 averaged 0.45x.
- RTS POWER CORPORATION 's operated at median p/b ratio of 0.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RTS POWER CORPORATION 's p/b ratio peaked in Mar2023 at 0.8x.
- RTS POWER CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.16x.
- RTS POWER CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2016 averaged 0.45x.
- RTS POWER CORPORATION 's operated at median p/b ratio of 0.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RTS POWER CORPORATION 's p/b ratio peaked in Mar2023 at 0.8x.
- RTS POWER CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.16x.
How does RTS POWER CORPORATION 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
| Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| RTS POWER CORPORATION | 137.66 | 1.22 | 167.9 |
| SIEMENS LTD | 13,087.10 | 15.19 | 198,806.0 |
| ABB INDIA LTD | 5,944.53 | 22.70 | 134,926.0 |
| HAVELLS INDIA LTD | 6,623.15 | 14.15 | 93,698.5 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,784.49 | 45.25 | 80,750.1 |
| SUZLON ENERGY LTD | 1,099.14 | 50.96 | 56,016.2 |
| HITACHI ENERGY INDIA LTD | 1,215.31 | 28.92 | 35,151.8 |
| APAR INDUSTRIES LTD | 2,236.39 | 12.58 | 28,143.5 |
| GE T&D INDIA LTD | 1,072.71 | 22.06 | 23,658.7 |
| INOX WIND LTD | 1,736.31 | 10.18 | 17,676.2 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 137.69 | 131.32 | 18,082.2 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs RTS POWER CORPORATION 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.22x |
| Max industry PB | 131.32x |
| Median industry PB | 22.06x |
| Average industry PB | 32.23x |
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