Home > PB Ratio > TATA MOTORS

TATA MOTORS
PB (Price/Book ) Ratio

The Current P/B Ratio of TATA MOTORS is 3.58.

Share Price ₹824.1Nov 04,2024
Market Cap ₹303,351.2 Cr
Book Value₹84,827.1 CrMar2024 - Consolidated Results
Price/Book 3.58xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TATA MOTORS
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of TATA MOTORS

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 TATA MOTORS is calculated as :

Current Market Cap [ ₹303,351.2 Cr] as on Nov 04,2024

(/) Book Value [ ₹84,827.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.58x ]

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

Thus, for TATA MOTORS , the investors are currently willing to pay '3.58 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 TATA MOTORS !

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

Historical PB (Price/Book ) ratio chart of TATA MOTORS


PB Ratio Performance Analysis for TATA MOTORS

- TATA MOTORS 's latest p/b ratio is 3.58x.

- TATA MOTORS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.86x.

- TATA MOTORS 's operated at median p/b ratio of 3.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TATA MOTORS 's p/b ratio peaked in Mar2024 at 4.49x.

- TATA MOTORS 's p/b ratio hit its five-year low in Mar2020 of 0.41x.


How does TATA MOTORS 's P/B Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?

Peer Comparison (Automobiles-Trucks/Lcv Industry)Book ValuePB RatioMarket Cap
TATA MOTORS 84,827.103.58303,351.2
ASHOK LEYLAND LTD8,956.626.8461,283.2
OLECTRA GREENTECH LTD913.4814.5513,290.9
FORCE MOTORS LTD2,255.144.319,724.3
SML ISUZU LTD285.599.012,574.4

Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PB Analysis vs TATA MOTORS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.58x
Max industry PB 14.55x
Median industry PB 6.84x
Average industry PB 7.66x



You may also like the below Video Courses