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SCOOTERS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of SCOOTERS INDIA is 62.64.

Share Price ₹63.5Apr 24,2024
Market Cap ₹554.2 Cr
Book Value₹8.8 CrMar2023 - Standalone Results
Price/Book 62.64xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SCOOTERS INDIA

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 SCOOTERS INDIA is calculated as :

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 ]

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

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 latest p/b ratio is 62.64x.

- 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 ValuePB RatioMarket Cap
SCOOTERS INDIA 8.8562.64554.2
BAJAJ AUTO LTD28,962.408.37242,409.0
EICHER MOTORS LTD14,932.008.30124,004.0
TVS MOTOR COMPANY LTD5,505.0016.9593,323.7
HERO MOTOCORP LTD16,619.905.2987,892.6
WARDWIZARD INNOVATIONS & MOBILITY LTD88.1819.771,743.0
ATUL AUTO LTD347.654.041,402.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs SCOOTERS INDIA 's P/B Ratio

Top 10 Industry PeersPB 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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