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SKF INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of SKF INDIA is 9.71.

Share Price ₹4,604.0Apr 26,2024
Market Cap ₹22,743.8 Cr
Book Value₹2,341.4 CrMar2023 - Consolidated Results
Price/Book 9.71xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SKF 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 SKF INDIA is calculated as :

Current Market Cap [ ₹22,743.8 Cr] as on Apr 26,2024

(/) Book Value [ ₹2,341.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 9.71x ]

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

Thus, for SKF INDIA , the investors are currently willing to pay '9.71 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 SKF INDIA !

The chart below summarizes the trend in P/B Ratio of SKF INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of SKF INDIA


PB Ratio Performance Analysis for SKF INDIA

- SKF INDIA 's latest p/b ratio is 9.71x.

- SKF INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 8.46x.

- SKF INDIA 's operated at median p/b ratio of 8.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SKF INDIA 's p/b ratio peaked in Mar2022 at 9.28x.

- SKF INDIA 's p/b ratio hit its five-year low in Mar2021 of 7.11x.


How does SKF INDIA 's P/B Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Book ValuePB RatioMarket Cap
SKF INDIA 2,341.389.7122,743.8
SCHAEFFLER INDIA LTD4,815.3610.8252,125.7
TIMKEN INDIA LTD2,037.1711.8124,051.2
ROLEX RINGS LTD743.016.865,094.0
NRB BEARINGS LTD667.764.563,044.3
GALAXY BEARINGS LTD74.466.17459.3
BIMETAL BEARINGS LTD204.331.20244.3
VISHAL BEARINGS LTD33.355.04168.2
SNL BEARINGS LTD54.042.64142.5

Bearings Industry Benchmark (Top 10) PB Analysis vs SKF INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.20x
Max industry PB 11.81x
Median industry PB 6.17x
Average industry PB 6.53x



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