Home > PB Ratio > SALASAR TECHNO ENGINEERING

SALASAR TECHNO ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of SALASAR TECHNO ENGINEERING is 8.23.

Share Price ₹20.9Apr 19,2024
Market Cap ₹3,295.9 Cr
Book Value₹400.5 CrMar2023 - Consolidated Results
Price/Book 8.23xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SALASAR TECHNO ENGINEERING
Please provide your vote to see the results
SALASAR TECHNO ENGINEERING is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of SALASAR TECHNO 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 SALASAR TECHNO ENGINEERING is calculated as :

Current Market Cap [ ₹3,295.9 Cr] as on Apr 19,2024

(/) Book Value [ ₹400.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.23x ]

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

Thus, for SALASAR TECHNO ENGINEERING , the investors are currently willing to pay '8.23 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 SALASAR TECHNO ENGINEERING !

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

Historical PB (Price/Book ) ratio chart of SALASAR TECHNO ENGINEERING


PB Ratio Performance Analysis for SALASAR TECHNO ENGINEERING

- SALASAR TECHNO ENGINEERING 's latest p/b ratio is 8.23x.

- SALASAR TECHNO ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.89x.

- SALASAR TECHNO ENGINEERING 's operated at median p/b ratio of 2.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SALASAR TECHNO ENGINEERING 's p/b ratio peaked in Mar2023 at 3.15x.

- SALASAR TECHNO ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 0.5x.


How does SALASAR TECHNO ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
SALASAR TECHNO ENGINEERING 400.518.233,295.9
BHARAT ELECTRONICS LTD13,861.6012.29170,427.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.3088,601.1
THERMAX LTD3,865.5514.8457,369.0
TRIVENI TURBINE LTD760.3522.4117,041.4
KIRLOSKAR OIL ENGINES LTD2,290.035.6012,815.6
ELECON ENGINEERING COMPANY LTD1,604.038.1613,089.2
PRAJ INDUSTRIES LTD1,075.348.719,365.3
SHRIRAM PISTONS & RINGS LTD1,527.465.899,002.2
KIRLOSKAR BROTHERS LTD1,403.886.789,521.5
TEGA INDUSTRIES LTD1,048.959.159,595.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs SALASAR TECHNO ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.30x
Max industry PB 22.41x
Median industry PB 8.23x
Average industry PB 9.58x



You may also like the below Video Courses