SNL BEARINGS
|
The Current P/B Ratio of SNL BEARINGS is 2.61.
| Share Price | ₹391.1 | Apr 25,2024 |
| Market Cap | ₹140.8 Cr | |
| Book Value | ₹54.0 Cr | Mar2023 - Standalone Results |
| Price/Book | 2.61x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SNL BEARINGS
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
Current Market Cap [ ₹140.8 Cr] as on Apr 25,2024
(/) Book Value [ ₹54.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.61x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SNL BEARINGS , the investors are currently willing to pay '2.61 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 SNL BEARINGS !
The chart below summarizes the trend in P/B Ratio of SNL BEARINGS over the last five years.
Thus, for SNL BEARINGS , the investors are currently willing to pay '2.61 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 SNL BEARINGS !
The chart below summarizes the trend in P/B Ratio of SNL BEARINGS over the last five years.
Historical PB (Price/Book ) ratio chart of SNL BEARINGS
PB Ratio Performance Analysis for SNL BEARINGS
- SNL BEARINGS 's latest p/b ratio is 2.61x.
- SNL BEARINGS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.98x.
- SNL BEARINGS 's operated at median p/b ratio of 1.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SNL BEARINGS 's p/b ratio peaked in Mar2019 at 3.32x.
- SNL BEARINGS 's p/b ratio hit its five-year low in Mar2020 of 1.11x.
- SNL BEARINGS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.98x.
- SNL BEARINGS 's operated at median p/b ratio of 1.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SNL BEARINGS 's p/b ratio peaked in Mar2019 at 3.32x.
- SNL BEARINGS 's p/b ratio hit its five-year low in Mar2020 of 1.11x.
How does SNL BEARINGS 's P/B Ratio benchmark against top 10 peers in Bearings Industry?
| Peer Comparison (Bearings Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| SNL BEARINGS | 54.04 | 2.61 | 140.8 |
| SCHAEFFLER INDIA LTD | 4,815.36 | 10.62 | 51,162.9 |
| TIMKEN INDIA LTD | 2,037.17 | 11.77 | 23,968.1 |
| SKF INDIA LTD | 2,341.38 | 9.86 | 23,079.1 |
| ROLEX RINGS LTD | 743.01 | 6.83 | 5,074.7 |
| NRB BEARINGS LTD | 667.76 | 4.57 | 3,055.0 |
| GALAXY BEARINGS LTD | 74.46 | 6.27 | 466.9 |
| BIMETAL BEARINGS LTD | 204.33 | 1.21 | 248.0 |
| VISHAL BEARINGS LTD | 33.35 | 5.02 | 167.5 |
Bearings Industry Benchmark (Top 10) PB Analysis vs SNL BEARINGS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.21x |
| Max industry PB | 11.77x |
| Median industry PB | 6.27x |
| Average industry PB | 6.53x |
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