TIL
|
The Current P/B Ratio of TIL is -5.24.
Share Price | ₹230.1 | Apr 30,2024 |
Market Cap | ₹1,532.1 Cr | |
Book Value | ₹-292.4 Cr | Mar2023 - Consolidated Results |
Price/Book | -5.24x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,532.1 Cr] as on Apr 30,2024
(/) Book Value [ ₹-292.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ -5.24x ]
Thus, for TIL , the investors are currently willing to pay '-5.24 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 TIL !
The chart below summarizes the trend in P/B Ratio of TIL over the last five years.
Historical PB (Price/Book ) ratio chart of TIL
PB Ratio Performance Analysis for TIL
- TIL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.16x.
- TIL 's operated at median p/b ratio of 0.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIL 's p/b ratio peaked in Mar2019 at 0.8x.
- TIL 's p/b ratio hit its five-year low in Mar2022 of -0.51x.
How does TIL 's P/B Ratio benchmark against top 10 peers in Construction Vehicles Industry?
Peer Comparison (Construction Vehicles Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIL | -292.36 | -5.24 | 1,532.1 |
ACTION CONSTRUCTION EQUIPMENT LTD | 918.56 | 19.70 | 18,091.1 |
BEML LTD | 2,421.48 | 6.03 | 14,600.8 |
SANGHVI MOVERS LTD | 841.72 | 6.78 | 5,705.4 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 14.93 | 15.20 | 227.0 |
Construction Vehicles Industry Benchmark (Top 10) PB Analysis vs TIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.24x |
Max industry PB | 19.70x |
Median industry PB | 6.78x |
Average industry PB | 8.49x |
You may also like the below Video Courses