SUNDARAM BRAKE LININGS
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The Current P/B Ratio of SUNDARAM BRAKE LININGS is 3.29.
Share Price | ₹720.1 | Apr 23,2024 |
Market Cap | ₹280.8 Cr | |
Book Value | ₹85.4 Cr | Mar2023 - Standalone Results |
Price/Book | 3.29x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SUNDARAM BRAKE LININGS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹280.8 Cr] as on Apr 23,2024
(/) Book Value [ ₹85.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 3.29x ]
Thus, for SUNDARAM BRAKE LININGS , the investors are currently willing to pay '3.29 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 SUNDARAM BRAKE LININGS !
The chart below summarizes the trend in P/B Ratio of SUNDARAM BRAKE LININGS over the last five years.
Historical PB (Price/Book ) ratio chart of SUNDARAM BRAKE LININGS
PB Ratio Performance Analysis for SUNDARAM BRAKE LININGS
- SUNDARAM BRAKE LININGS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.32x.
- SUNDARAM BRAKE LININGS 's operated at median p/b ratio of 1.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUNDARAM BRAKE LININGS 's p/b ratio peaked in Mar2019 at 1.55x.
- SUNDARAM BRAKE LININGS 's p/b ratio hit its five-year low in Mar2020 of 0.74x.
How does SUNDARAM BRAKE LININGS 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SUNDARAM BRAKE LININGS | 85.41 | 3.29 | 280.8 |
BOSCH LTD | 11,005.10 | 7.85 | 86,365.9 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 22,451.50 | 3.85 | 86,331.6 |
SONA BLW PRECISION FORGINGS LTD | 2,285.60 | 17.07 | 39,019.3 |
UNO MINDA LTD | 4,140.15 | 10.08 | 41,728.1 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 2,409.11 | 11.09 | 26,708.3 |
ENDURANCE TECHNOLOGIES LTD | 4,412.13 | 5.96 | 26,289.2 |
JBM AUTO LTD | 1,029.76 | 20.31 | 20,919.1 |
TVS HOLDINGS LTD | 3,240.99 | 5.16 | 16,729.8 |
MINDA CORPORATION LTD | 1,585.80 | 6.22 | 9,862.0 |
CRAFTSMAN AUTOMATION LTD | 1,376.90 | 6.61 | 9,094.7 |
Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs SUNDARAM BRAKE LININGS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.29x |
Max industry PB | 20.31x |
Median industry PB | 6.61x |
Average industry PB | 8.86x |
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