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VST TILLERS TRACTORS
PB (Price/Book ) Ratio

The Current P/B Ratio of VST TILLERS TRACTORS is 3.43.

Share Price ₹3,288.4Apr 23,2024
Market Cap ₹2,828.0 Cr
Book Value₹824.5 CrMar2023 - Standalone Results
Price/Book 3.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VST TILLERS TRACTORS

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 VST TILLERS TRACTORS is calculated as :

Current Market Cap [ ₹2,828.0 Cr] as on Apr 23,2024

(/) Book Value [ ₹824.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.43x ]

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

Thus, for VST TILLERS TRACTORS , the investors are currently willing to pay '3.43 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 VST TILLERS TRACTORS !

The chart below summarizes the trend in P/B Ratio of VST TILLERS TRACTORS over the last five years.

Historical PB (Price/Book ) ratio chart of VST TILLERS TRACTORS


PB Ratio Performance Analysis for VST TILLERS TRACTORS

- VST TILLERS TRACTORS 's latest p/b ratio is 3.43x.

- VST TILLERS TRACTORS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.08x.

- VST TILLERS TRACTORS 's operated at median p/b ratio of 2.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VST TILLERS TRACTORS 's p/b ratio peaked in Mar2022 at 2.77x.

- VST TILLERS TRACTORS 's p/b ratio hit its five-year low in Mar2020 of 1.01x.


How does VST TILLERS TRACTORS 's P/B Ratio benchmark against top 10 peers in Automobiles-Tractors Industry?

Peer Comparison (Automobiles-Tractors Industry)Book ValuePB RatioMarket Cap
VST TILLERS TRACTORS 824.453.432,828.0
ESCORTS KUBOTA LTD8,174.414.3435,465.0

Automobiles-Tractors Industry Benchmark (Top 10) PB Analysis vs VST TILLERS TRACTORS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.43x
Max industry PB 4.34x
Median industry PB 4.34x
Average industry PB 3.88x



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