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TRIVENI TURBINE
PB (Price/Book ) Ratio

The Current P/B Ratio of TRIVENI TURBINE is 22.19.

Share Price ₹530.7Apr 23,2024
Market Cap ₹16,871.0 Cr
Book Value₹760.4 CrMar2023 - Consolidated Results
Price/Book 22.19xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TRIVENI TURBINE

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 TRIVENI TURBINE is calculated as :

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 ]

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

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 latest p/b ratio is 22.19x.

- 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 ValuePB RatioMarket Cap
TRIVENI TURBINE 760.3522.1916,871.0
BHARAT ELECTRONICS LTD13,861.6012.35171,195.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.3890,585.9
THERMAX LTD3,865.5514.0054,130.9
KIRLOSKAR OIL ENGINES LTD2,290.035.9613,658.8
ELECON ENGINEERING COMPANY LTD1,604.037.8812,634.8
PRAJ INDUSTRIES LTD1,075.348.969,631.8
SHRIRAM PISTONS & RINGS LTD1,527.465.949,079.8
KIRLOSKAR BROTHERS LTD1,403.887.1710,069.5
TEGA INDUSTRIES LTD1,048.959.469,921.8
ION EXCHANGE (INDIA) LTD833.499.768,137.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs TRIVENI TURBINE 's P/B Ratio

Top 10 Industry PeersPB 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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