SPRAYKING
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The Current P/B Ratio of SPRAYKING is 8.85.
Share Price | ₹41.5 | May 15,2024 |
Market Cap | ₹219.0 Cr | |
Book Value | ₹24.7 Cr | Mar2023 - Standalone Results |
Price/Book | 8.85x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SPRAYKING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹219.0 Cr] as on May 15,2024
(/) Book Value [ ₹24.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 8.85x ]
Thus, for SPRAYKING , the investors are currently willing to pay '8.85 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 SPRAYKING !
The chart below summarizes the trend in P/B Ratio of SPRAYKING over the last five years.
Historical PB (Price/Book ) ratio chart of SPRAYKING
PB Ratio Performance Analysis for SPRAYKING
- SPRAYKING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.20x.
- SPRAYKING 's operated at median p/b ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPRAYKING 's p/b ratio peaked in Mar2023 at 3.03x.
- SPRAYKING 's p/b ratio hit its five-year low in Mar2020 of 0.52x.
How does SPRAYKING 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SPRAYKING | 24.75 | 8.85 | 219.0 |
BHARAT ELECTRONICS LTD | 13,861.60 | 12.28 | 170,245.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.78 | 101,398.0 |
THERMAX LTD | 4,439.80 | 13.66 | 60,636.9 |
TRIVENI TURBINE LTD | 760.35 | 24.46 | 18,599.0 |
KIRLOSKAR OIL ENGINES LTD | 2,676.21 | 6.43 | 17,196.0 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.67 | 12,301.6 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.93 | 9,607.9 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.75 | 8,779.1 |
KIRLOSKAR BROTHERS LTD | 1,719.00 | 7.85 | 13,489.2 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.84 | 10,325.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs SPRAYKING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.78x |
Max industry PB | 24.46x |
Median industry PB | 8.85x |
Average industry PB | 9.95x |
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