TTK PRESTIGE
|
The Current P/B Ratio of TTK PRESTIGE is 4.95.
| Share Price | ₹692.1 | Apr 16,2024 |
| Market Cap | ₹9,592.5 Cr | |
| Book Value | ₹1,938.5 Cr | Mar2023 - Consolidated Results |
| Price/Book | 4.95x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TTK PRESTIGE
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
Current Market Cap [ ₹9,592.5 Cr] as on Apr 16,2024
(/) Book Value [ ₹1,938.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.95x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TTK PRESTIGE , the investors are currently willing to pay '4.95 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 TTK PRESTIGE !
The chart below summarizes the trend in P/B Ratio of TTK PRESTIGE over the last five years.
Thus, for TTK PRESTIGE , the investors are currently willing to pay '4.95 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 TTK PRESTIGE !
The chart below summarizes the trend in P/B Ratio of TTK PRESTIGE over the last five years.
Historical PB (Price/Book ) ratio chart of TTK PRESTIGE
PB Ratio Performance Analysis for TTK PRESTIGE
- TTK PRESTIGE 's latest p/b ratio is 4.95x.
- TTK PRESTIGE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.44x.
- TTK PRESTIGE 's operated at median p/b ratio of 6.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/b ratio peaked in Mar2019 at 8.63x.
- TTK PRESTIGE 's p/b ratio hit its five-year low in Mar2023 of 5.01x.
- TTK PRESTIGE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.44x.
- TTK PRESTIGE 's operated at median p/b ratio of 6.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/b ratio peaked in Mar2019 at 8.63x.
- TTK PRESTIGE 's p/b ratio hit its five-year low in Mar2023 of 5.01x.
How does TTK PRESTIGE 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
| Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TTK PRESTIGE | 1,938.45 | 4.95 | 9,592.5 |
| CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,519.58 | 7.39 | 18,621.2 |
| WHIRLPOOL OF INDIA LTD | 3,452.48 | 5.21 | 17,999.3 |
| BAJAJ ELECTRICALS LTD | 1,888.47 | 5.81 | 10,967.6 |
| EUREKA FORBES LTD | 4,097.64 | 2.24 | 9,193.2 |
| SYMPHONY LTD | 880.91 | 7.46 | 6,571.6 |
| IFB INDUSTRIES LTD | 667.47 | 8.59 | 5,736.5 |
| BOROSIL LTD | 858.67 | 4.91 | 4,218.3 |
| PG ELECTROPLAST LTD | 391.23 | 12.09 | 4,730.3 |
| ORIENT ELECTRIC LTD | 579.48 | 7.67 | 4,446.6 |
| HAWKINS COOKERS LTD | 276.13 | 12.19 | 3,366.8 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs TTK PRESTIGE 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 2.24x |
| Max industry PB | 12.19x |
| Median industry PB | 7.39x |
| Average industry PB | 7.14x |
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