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TITAGARH RAILSYSTEMS
PB (Price/Book ) Ratio

The Current P/B Ratio of TITAGARH RAILSYSTEMS is 14.90.

Share Price ₹1,065.8May 03,2024
Market Cap ₹14,355.7 Cr
Book Value₹963.6 CrMar2023 - Consolidated Results
Price/Book 14.90xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TITAGARH RAILSYSTEMS

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 TITAGARH RAILSYSTEMS is calculated as :

Current Market Cap [ ₹14,355.7 Cr] as on May 03,2024

(/) Book Value [ ₹963.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 14.90x ]

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

Thus, for TITAGARH RAILSYSTEMS , the investors are currently willing to pay '14.90 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 TITAGARH RAILSYSTEMS !

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

Historical PB (Price/Book ) ratio chart of TITAGARH RAILSYSTEMS


PB Ratio Performance Analysis for TITAGARH RAILSYSTEMS

- TITAGARH RAILSYSTEMS 's latest p/b ratio is 14.90x.

- TITAGARH RAILSYSTEMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.34x.

- TITAGARH RAILSYSTEMS 's operated at median p/b ratio of 1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TITAGARH RAILSYSTEMS 's p/b ratio peaked in Mar2023 at 3.25x.

- TITAGARH RAILSYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


How does TITAGARH RAILSYSTEMS 's P/B Ratio benchmark against top 10 peers in Railways Wagons Industry?

Peer Comparison (Railways Wagons Industry)Book ValuePB RatioMarket Cap
TITAGARH RAILSYSTEMS 963.5514.9014,355.7
JUPITER WAGONS LTD803.3820.8516,753.6
TEXMACO RAIL & ENGINEERING LTD1,392.195.137,144.5

Railways Wagons Industry Benchmark (Top 10) PB Analysis vs TITAGARH RAILSYSTEMS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 5.13x
Max industry PB 20.85x
Median industry PB 14.90x
Average industry PB 13.63x



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