TRIVENI TURBINE
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The Current P/B Ratio of TRIVENI TURBINE is 22.19.
Share Price | ₹530.7 | Apr 23,2024 |
Market Cap | ₹16,871.0 Cr | |
Book Value | ₹760.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 22.19x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TRIVENI TURBINE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹16,871.0 Cr] as on Apr 23,2024
(/) Book Value [ ₹760.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 22.19x ]
Thus, for TRIVENI TURBINE , the investors are currently willing to pay '22.19 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 TRIVENI TURBINE !
The chart below summarizes the trend in P/B Ratio of TRIVENI TURBINE over the last five years.
Historical PB (Price/Book ) ratio chart of TRIVENI TURBINE
PB Ratio Performance Analysis for TRIVENI TURBINE
- TRIVENI TURBINE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.64x.
- TRIVENI TURBINE 's operated at median p/b ratio of 7.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIVENI TURBINE 's p/b ratio peaked in Mar2023 at 13.94x.
- TRIVENI TURBINE 's p/b ratio hit its five-year low in Mar2020 of 3.43x.
How does TRIVENI TURBINE '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 |
---|---|---|---|
TRIVENI TURBINE | 760.35 | 22.19 | 16,871.0 |
BHARAT ELECTRONICS LTD | 13,861.60 | 12.35 | 171,195.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.38 | 90,585.9 |
THERMAX LTD | 3,865.55 | 14.00 | 54,130.9 |
KIRLOSKAR OIL ENGINES LTD | 2,290.03 | 5.96 | 13,658.8 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.88 | 12,634.8 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.96 | 9,631.8 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.94 | 9,079.8 |
KIRLOSKAR BROTHERS LTD | 1,403.88 | 7.17 | 10,069.5 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.46 | 9,921.8 |
ION EXCHANGE (INDIA) LTD | 833.49 | 9.76 | 8,137.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs TRIVENI TURBINE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.38x |
Max industry PB | 22.19x |
Median industry PB | 8.96x |
Average industry PB | 9.73x |
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