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THEJO ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of THEJO ENGINEERING is 17.74.

Share Price ₹3,192.1Apr 26,2024
Market Cap ₹3,447.4 Cr
Book Value₹194.3 CrMar2023 - Consolidated Results
Price/Book 17.74xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THEJO ENGINEERING

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 THEJO ENGINEERING is calculated as :

Current Market Cap [ ₹3,447.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹194.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 17.74x ]

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

Thus, for THEJO ENGINEERING , the investors are currently willing to pay '17.74 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 THEJO ENGINEERING !

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

Historical PB (Price/Book ) ratio chart of THEJO ENGINEERING


PB Ratio Performance Analysis for THEJO ENGINEERING

- THEJO ENGINEERING 's latest p/b ratio is 17.74x.

- THEJO ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.49x.

- THEJO ENGINEERING 's operated at median p/b ratio of 3.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THEJO ENGINEERING 's p/b ratio peaked in Mar2022 at 7.85x.

- THEJO ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 1.56x.


How does THEJO ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Book ValuePB RatioMarket Cap
THEJO ENGINEERING 194.3417.743,447.4
RITES LTD2,603.786.4116,697.4
ENGINEERS INDIA LTD1,961.526.7913,312.0
MTAR TECHNOLOGIES LTD620.139.345,795.1
KENNAMETAL INDIA LTD687.408.035,519.2
INOX GREEN ENERGY SERVICES LTD1,127.363.934,427.6
DIVGI TORQTRANSFER SYSTEMS LTD551.284.622,548.8
PITTI ENGINEERING LTD334.048.242,751.0
DEEP INDUSTRIES LTD1,370.151.361,859.5
LOKESH MACHINES LTD158.985.24832.7
PRITIKA AUTO INDUSTRIES LTD153.713.16485.2

Engineering Industry Benchmark (Top 10) PB Analysis vs THEJO ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.36x
Max industry PB 17.74x
Median industry PB 6.41x
Average industry PB 6.80x



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