TATA MOTORS
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The Current P/B Ratio of TATA MOTORS is 3.58.
Share Price | ₹824.1 | Nov 04,2024 |
Market Cap | ₹303,351.2 Cr | |
Book Value | ₹84,827.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.58x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TATA MOTORS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TATA MOTORS | 84,827.10 | 3.58 | 303,351.2 |
ASHOK LEYLAND LTD | 8,956.62 | 6.84 | 61,283.2 |
OLECTRA GREENTECH LTD | 913.48 | 14.55 | 13,290.9 |
FORCE MOTORS LTD | 2,255.14 | 4.31 | 9,724.3 |
SML ISUZU LTD | 285.59 | 9.01 | 2,574.4 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PB Analysis vs TATA MOTORS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.58x |
Max industry PB | 14.55x |
Median industry PB | 6.84x |
Average industry PB | 7.66x |
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