Home > PB Ratio > TEGA INDUSTRIES

TEGA INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of TEGA INDUSTRIES is 9.61.

Share Price ₹1,515.6Apr 24,2024
Market Cap ₹10,078.4 Cr
Book Value₹1,049.0 CrMar2023 - Consolidated Results
Price/Book 9.61xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TEGA INDUSTRIES
Please provide your vote to see the results
TEGA INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of TEGA INDUSTRIES

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 TEGA INDUSTRIES is calculated as :

Current Market Cap [ ₹10,078.4 Cr] as on Apr 24,2024

(/) Book Value [ ₹1,049.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 9.61x ]

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

Thus, for TEGA INDUSTRIES , the investors are currently willing to pay '9.61 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 TEGA INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of TEGA INDUSTRIES


PB Ratio Performance Analysis for TEGA INDUSTRIES

- TEGA INDUSTRIES 's latest p/b ratio is 9.61x.

- TEGA INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.74x.

- TEGA INDUSTRIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TEGA INDUSTRIES 's p/b ratio peaked in Mar2023 at 4.46x.

- TEGA INDUSTRIES 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does TEGA INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
TEGA INDUSTRIES 1,048.959.6110,078.4
BHARAT ELECTRONICS LTD13,861.6012.46172,767.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.4391,909.1
THERMAX LTD3,865.5513.6752,850.6
TRIVENI TURBINE LTD760.3522.4917,098.6
KIRLOSKAR OIL ENGINES LTD2,290.036.0313,816.8
ELECON ENGINEERING COMPANY LTD1,604.038.0412,897.4
PRAJ INDUSTRIES LTD1,075.348.899,560.1
SHRIRAM PISTONS & RINGS LTD1,527.465.919,023.6
KIRLOSKAR BROTHERS LTD1,403.887.3810,359.7
ION EXCHANGE (INDIA) LTD833.499.638,025.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs TEGA INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.43x
Max industry PB 22.49x
Median industry PB 8.89x
Average industry PB 9.78x



You may also like the below Video Courses