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S&S POWER SWITCHGEAR
PB (Price/Book ) Ratio

The Current P/B Ratio of S&S POWER SWITCHGEAR is -36.78.

Share Price ₹230.1May 31,2024
Market Cap ₹283.0 Cr
Book Value₹-7.7 CrMar2023 - Consolidated Results
Price/Book -36.78xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of S&S POWER SWITCHGEAR

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 S&S POWER SWITCHGEAR is calculated as :

Current Market Cap [ ₹283.0 Cr] as on May 31,2024

(/) Book Value [ ₹-7.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -36.78x ]

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

Thus, for S&S POWER SWITCHGEAR , the investors are currently willing to pay '-36.78 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 S&S POWER SWITCHGEAR !

The chart below summarizes the trend in P/B Ratio of S&S POWER SWITCHGEAR over the last five years.

Historical PB (Price/Book ) ratio chart of S&S POWER SWITCHGEAR


PB Ratio Performance Analysis for S&S POWER SWITCHGEAR

- S&S POWER SWITCHGEAR 's latest p/b ratio is -36.78x.

- S&S POWER SWITCHGEAR 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 66.20x.

- S&S POWER SWITCHGEAR 's operated at median p/b ratio of -1.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, S&S POWER SWITCHGEAR 's p/b ratio peaked in Mar2020 at 341.95x.

- S&S POWER SWITCHGEAR 's p/b ratio hit its five-year low in Mar2021 of -6.97x.


How does S&S POWER SWITCHGEAR 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
S&S POWER SWITCHGEAR -7.69-36.78283.0
SIEMENS LTD13,087.1018.95248,007.0
ABB INDIA LTD5,944.5329.65176,241.0
HAVELLS INDIA LTD7,440.2016.08119,634.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD3,017.4432.5898,301.8
SUZLON ENERGY LTD3,920.3116.5364,810.0
HITACHI ENERGY INDIA LTD1,359.8733.5745,646.8
APAR INDUSTRIES LTD3,876.448.1531,580.1
GE T&D INDIA LTD1,072.7132.4634,815.9
INOX WIND LTD1,697.3611.4319,407.0
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD296.1755.2716,367.9

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs S&S POWER SWITCHGEAR 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -36.78x
Max industry PB 55.27x
Median industry PB 18.95x
Average industry PB 19.81x



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