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TVS ELECTRONICS
PB (Price/Book ) Ratio

The Current P/B Ratio of TVS ELECTRONICS is 5.32.

Share Price ₹289.5Apr 16,2024
Market Cap ₹541.4 Cr
Book Value₹101.8 CrMar2023 - Standalone Results
Price/Book 5.32xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TVS ELECTRONICS

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 TVS ELECTRONICS is calculated as :

Current Market Cap [ ₹541.4 Cr] as on Apr 16,2024

(/) Book Value [ ₹101.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 5.32x ]

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

Thus, for TVS ELECTRONICS , the investors are currently willing to pay '5.32 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 TVS ELECTRONICS !

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

Historical PB (Price/Book ) ratio chart of TVS ELECTRONICS


PB Ratio Performance Analysis for TVS ELECTRONICS

- TVS ELECTRONICS 's latest p/b ratio is 5.32x.

- TVS ELECTRONICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.90x.

- TVS ELECTRONICS 's operated at median p/b ratio of 4.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS ELECTRONICS 's p/b ratio peaked in Mar2023 at 6.08x.

- TVS ELECTRONICS 's p/b ratio hit its five-year low in Mar2020 of 1.23x.


How does TVS ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
TVS ELECTRONICS 101.805.32541.4
ADANI ENTERPRISES LTD33,051.0010.71354,079.0
REDINGTON LTD6,923.172.5017,331.9
HONASA CONSUMER LTD555.4122.3512,413.7
MMTC LTD1,410.637.7010,863.0
MSTC LTD786.507.746,085.4
LLOYDS ENTERPRISES LTD1,010.974.144,185.3
VERITAS (INDIA) LTD2,303.701.553,567.1
NOVARTIS INDIA LTD775.703.292,553.9
OPTIEMUS INFRACOM LTD382.466.112,336.6
MISHTANN FOODS LTD150.2113.912,089.5

Trading Industry Benchmark (Top 10) PB Analysis vs TVS ELECTRONICS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.55x
Max industry PB 22.35x
Median industry PB 6.11x
Average industry PB 7.76x



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