SWARAJ ENGINES
|
The Current P/B Ratio of SWARAJ ENGINES is 8.12.
| Share Price | ₹2,473.3 | Apr 23,2024 |
| Market Cap | ₹2,992.7 Cr | |
| Book Value | ₹368.6 Cr | Mar2024 - Standalone Results |
| Price/Book | 8.12x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SWARAJ ENGINES
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 [ ₹2,992.7 Cr] as on Apr 23,2024
(/) Book Value [ ₹368.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 8.12x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SWARAJ ENGINES , the investors are currently willing to pay '8.12 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 SWARAJ ENGINES !
The chart below summarizes the trend in P/B Ratio of SWARAJ ENGINES over the last five years.
Thus, for SWARAJ ENGINES , the investors are currently willing to pay '8.12 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 SWARAJ ENGINES !
The chart below summarizes the trend in P/B Ratio of SWARAJ ENGINES over the last five years.
Historical PB (Price/Book ) ratio chart of SWARAJ ENGINES
PB Ratio Performance Analysis for SWARAJ ENGINES
- SWARAJ ENGINES 's latest p/b ratio is 8.12x.
- SWARAJ ENGINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.63x.
- SWARAJ ENGINES 's operated at median p/b ratio of 5.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SWARAJ ENGINES 's p/b ratio peaked in Mar2019 at 7.19x.
- SWARAJ ENGINES 's p/b ratio hit its five-year low in Mar2020 of 4.64x.
- SWARAJ ENGINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.63x.
- SWARAJ ENGINES 's operated at median p/b ratio of 5.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SWARAJ ENGINES 's p/b ratio peaked in Mar2019 at 7.19x.
- SWARAJ ENGINES 's p/b ratio hit its five-year low in Mar2020 of 4.64x.
How does SWARAJ ENGINES 's P/B Ratio benchmark against top 10 peers in Diesel Engines Industry?
| Peer Comparison (Diesel Engines Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| SWARAJ ENGINES | 368.57 | 8.12 | 2,992.7 |
| CUMMINS INDIA LTD | 5,758.24 | 15.21 | 87,567.5 |
| GREAVES COTTON LTD | 1,572.77 | 1.98 | 3,111.1 |
Diesel Engines Industry Benchmark (Top 10) PB Analysis vs SWARAJ ENGINES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.98x |
| Max industry PB | 15.21x |
| Median industry PB | 8.12x |
| Average industry PB | 8.44x |
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