TRF
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The Current P/B Ratio of TRF is 30.39.
Share Price | ₹607.4 | May 02,2024 |
Market Cap | ₹668.1 Cr | |
Book Value | ₹22.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 30.39x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TRF
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹668.1 Cr] as on May 02,2024
(/) Book Value [ ₹22.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 30.39x ]
Thus, for TRF , the investors are currently willing to pay '30.39 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 TRF !
The chart below summarizes the trend in P/B Ratio of TRF over the last five years.
Historical PB (Price/Book ) ratio chart of TRF
PB Ratio Performance Analysis for TRF
- TRF 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -44.74x.
- TRF 's operated at median p/b ratio of -0.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRF 's p/b ratio peaked in Mar2021 at -0.19x.
- TRF 's p/b ratio hit its five-year low in Mar2019 of -222.48x.
How does TRF 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TRF | 21.99 | 30.39 | 668.1 |
BHARAT ELECTRONICS LTD | 13,861.60 | 12.38 | 171,561.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.80 | 101,903.0 |
THERMAX LTD | 3,865.55 | 14.47 | 55,920.1 |
TRIVENI TURBINE LTD | 760.35 | 23.37 | 17,766.1 |
KIRLOSKAR OIL ENGINES LTD | 2,290.03 | 6.46 | 14,803.5 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.96 | 12,768.4 |
PRAJ INDUSTRIES LTD | 1,075.34 | 9.37 | 10,073.0 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.74 | 8,772.5 |
KIRLOSKAR BROTHERS LTD | 1,403.88 | 7.68 | 10,780.2 |
TEGA INDUSTRIES LTD | 1,048.95 | 10.06 | 10,547.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs TRF 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.80x |
Max industry PB | 30.39x |
Median industry PB | 9.37x |
Average industry PB | 11.97x |
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