SCOOTERS INDIA
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The Current P/B Ratio of SCOOTERS INDIA is 62.64.
Share Price | ₹63.5 | Apr 24,2024 |
Market Cap | ₹554.2 Cr | |
Book Value | ₹8.8 Cr | Mar2023 - Standalone Results |
Price/Book | 62.64x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SCOOTERS INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹554.2 Cr] as on Apr 24,2024
(/) Book Value [ ₹8.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 62.64x ]
Thus, for SCOOTERS INDIA , the investors are currently willing to pay '62.64 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 SCOOTERS INDIA !
The chart below summarizes the trend in P/B Ratio of SCOOTERS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of SCOOTERS INDIA
PB Ratio Performance Analysis for SCOOTERS INDIA
- SCOOTERS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 140.34x.
- SCOOTERS INDIA 's operated at median p/b ratio of 26.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SCOOTERS INDIA 's p/b ratio peaked in Mar2021 at 634.33x.
- SCOOTERS INDIA 's p/b ratio hit its five-year low in Mar2020 of 2.88x.
How does SCOOTERS INDIA 's P/B Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SCOOTERS INDIA | 8.85 | 62.64 | 554.2 |
BAJAJ AUTO LTD | 28,962.40 | 8.37 | 242,409.0 |
EICHER MOTORS LTD | 14,932.00 | 8.30 | 124,004.0 |
TVS MOTOR COMPANY LTD | 5,505.00 | 16.95 | 93,323.7 |
HERO MOTOCORP LTD | 16,619.90 | 5.29 | 87,892.6 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 88.18 | 19.77 | 1,743.0 |
ATUL AUTO LTD | 347.65 | 4.04 | 1,402.8 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs SCOOTERS INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.04x |
Max industry PB | 62.64x |
Median industry PB | 8.37x |
Average industry PB | 17.91x |
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