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TVS MOTOR COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of TVS MOTOR COMPANY is 14.46.

Share Price ₹2,064.9May 10,2024
Market Cap ₹98,101.0 Cr
Book Value₹6,783.5 CrMar2024 - Consolidated Results
Price/Book 14.46xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TVS MOTOR COMPANY

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 MOTOR COMPANY is calculated as :

Current Market Cap [ ₹98,101.0 Cr] as on May 10,2024

(/) Book Value [ ₹6,783.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 14.46x ]

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

Thus, for TVS MOTOR COMPANY , the investors are currently willing to pay '14.46 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 MOTOR COMPANY !

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

Historical PB (Price/Book ) ratio chart of TVS MOTOR COMPANY


PB Ratio Performance Analysis for TVS MOTOR COMPANY

- TVS MOTOR COMPANY 's latest p/b ratio is 14.46x.

- TVS MOTOR COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.95x.

- TVS MOTOR COMPANY 's operated at median p/b ratio of 7.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS MOTOR COMPANY 's p/b ratio peaked in Mar2023 at 9.3x.

- TVS MOTOR COMPANY 's p/b ratio hit its five-year low in Mar2020 of 4.3x.


How does TVS MOTOR COMPANY 's P/B Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?

Peer Comparison (Automobile Two & Three Wheelers Industry)Book ValuePB RatioMarket Cap
TVS MOTOR COMPANY 6,783.5114.4698,101.0
BAJAJ AUTO LTD28,962.408.66250,791.0
EICHER MOTORS LTD18,045.507.07127,529.0
HERO MOTOCORP LTD17,698.905.5197,511.4
WARDWIZARD INNOVATIONS & MOBILITY LTD88.1816.691,471.9
ATUL AUTO LTD347.654.501,565.0

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs TVS MOTOR COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.50x
Max industry PB 16.69x
Median industry PB 8.66x
Average industry PB 9.48x



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