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SERVOTECH RENEWABLE POWER SYSTEM
PB (Price/Book ) Ratio

The Current P/B Ratio of SERVOTECH RENEWABLE POWER SYSTEM is 24.73.

Share Price ₹115.0May 09,2025
Market Cap ₹2,585.0 Cr
Book Value₹104.5 CrMar2024 - Consolidated Results
Price/Book 24.73xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SERVOTECH RENEWABLE POWER SYSTEM

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 SERVOTECH RENEWABLE POWER SYSTEM is calculated as :

Current Market Cap [ ₹2,585.0 Cr] as on May 09,2025

(/) Book Value [ ₹104.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 24.73x ]

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

Thus, for SERVOTECH RENEWABLE POWER SYSTEM , the investors are currently willing to pay '24.73 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 SERVOTECH RENEWABLE POWER SYSTEM !

The chart below summarizes the trend in P/B Ratio of SERVOTECH RENEWABLE POWER SYSTEM over the last five years.

Historical PB (Price/Book ) ratio chart of SERVOTECH RENEWABLE POWER SYSTEM


PB Ratio Performance Analysis for SERVOTECH RENEWABLE POWER SYSTEM

- SERVOTECH RENEWABLE POWER SYSTEM 's latest p/b ratio is 24.73x.

- SERVOTECH RENEWABLE POWER SYSTEM 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 6.36x.

- SERVOTECH RENEWABLE POWER SYSTEM 's operated at median p/b ratio of 4.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, SERVOTECH RENEWABLE POWER SYSTEM 's p/b ratio peaked in Mar2024 at 16.1x.

- SERVOTECH RENEWABLE POWER SYSTEM 's p/b ratio hit its five-year low in Mar2021 of 0.94x.


How does SERVOTECH RENEWABLE POWER SYSTEM 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Book ValuePB RatioMarket Cap
SERVOTECH RENEWABLE POWER SYSTEM 104.5424.732,585.0
SIEMENS LTD15,356.706.63101,785.0
ABB INDIA LTD7,075.3316.30115,351.0
HAVELLS INDIA LTD8,323.7911.6697,044.3
CG POWER AND INDUSTRIAL SOLUTIONS LTD3,843.9524.2493,163.5
SUZLON ENERGY LTD3,891.1718.4671,833.8
WAAREE ENERGIES LTD9,479.207.8674,491.1
HITACHI ENERGY INDIA LTD1,359.8749.4767,272.6
GE VERNOVA T&D INDIA LTD1,242.9434.1042,379.5
APAR INDUSTRIES LTD3,876.446.3324,541.6
INOX WIND LTD1,697.3512.0520,450.0

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs SERVOTECH RENEWABLE POWER SYSTEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 6.33x
Max industry PB 49.47x
Median industry PB 16.30x
Average industry PB 19.26x



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