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TIMKEN INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of TIMKEN INDIA is 10.54.

Share Price ₹2,854.6Mar 28,2024
Market Cap ₹21,466.6 Cr
Book Value₹2,037.2 CrMar2023 - Standalone Results
Price/Book 10.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TIMKEN INDIA

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 TIMKEN INDIA is calculated as :

Current Market Cap [ ₹21,466.6 Cr] as on Mar 28,2024

(/) Book Value [ ₹2,037.2 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 10.54x ]

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

Thus, for TIMKEN INDIA , the investors are currently willing to pay '10.54 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 TIMKEN INDIA !

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

Historical PB (Price/Book ) ratio chart of TIMKEN INDIA


PB Ratio Performance Analysis for TIMKEN INDIA

- TIMKEN INDIA 's latest p/b ratio is 10.54x.

- TIMKEN INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.84x.

- TIMKEN INDIA 's operated at median p/b ratio of 7.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIMKEN INDIA 's p/b ratio peaked in Mar2023 at 10.26x.

- TIMKEN INDIA 's p/b ratio hit its five-year low in Mar2019 of 3.31x.


How does TIMKEN INDIA 's P/B Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Book ValuePB RatioMarket Cap
TIMKEN INDIA 2,037.1710.5421,466.6
SCHAEFFLER INDIA LTD4,815.369.1343,957.3
SKF INDIA LTD2,341.388.7920,579.5
ROLEX RINGS LTD743.016.404,754.3
NRB BEARINGS LTD667.763.892,598.0
GALAXY BEARINGS LTD74.466.37474.5
BIMETAL BEARINGS LTD204.331.06216.5
VISHAL BEARINGS LTD33.354.76158.7
SNL BEARINGS LTD54.041.93104.1

Bearings Industry Benchmark (Top 10) PB Analysis vs TIMKEN INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.06x
Max industry PB 10.54x
Median industry PB 6.37x
Average industry PB 5.87x



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