Home > PB Ratio > WHEELS INDIA

WHEELS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of WHEELS INDIA is 2.10.

Share Price ₹794.5Jul 11,2025
Market Cap ₹1,938.5 Cr
Book Value₹922.0 CrMar2025 - Consolidated Results
Price/Book 2.10xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for WHEELS INDIA
Please provide your vote to see the results
WHEELS INDIA is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of WHEELS INDIA

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 WHEELS INDIA is calculated as :

Current Market Cap [ ₹1,938.5 Cr] as on Jul 11,2025

(/) Book Value [ ₹922.0 Cr] based on Mar2025 - Consolidated Results

(=) P/B Ratio [ 2.10x ]

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

Thus, for WHEELS INDIA , the investors are currently willing to pay '2.10 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 WHEELS INDIA !

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

Historical PB (Price/Book ) ratio chart of WHEELS INDIA


PB Ratio Performance Analysis for WHEELS INDIA

- WHEELS INDIA 's latest p/b ratio is 2.10x.

- WHEELS INDIA 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.61x.

- WHEELS INDIA 's operated at median p/b ratio of 1.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WHEELS INDIA 's p/b ratio peaked in Mar2024 at 1.74x.

- WHEELS INDIA 's p/b ratio hit its five-year low in Mar2023 of 1.44x.


How does WHEELS INDIA 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
WHEELS INDIA 922.002.101,938.5
SAMVARDHANA MOTHERSON INTERNATIONAL LTD34,880.303.04106,107.0
BOSCH LTD13,813.307.80107,685.0
UNO MINDA LTD5,727.2010.7561,577.3
SONA BLW PRECISION FORGINGS LTD5,453.785.1027,800.2
ENDURANCE TECHNOLOGIES LTD5,717.426.4536,883.2
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,214.547.6424,572.5
TVS HOLDINGS LTD4,687.394.8622,760.9
JBM AUTO LTD1,350.6311.2515,193.6
MINDA CORPORATION LTD2,202.185.4712,044.8
CRAFTSMAN AUTOMATION LTD2,856.744.9614,158.7

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs WHEELS INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.10x
Max industry PB 11.25x
Median industry PB 5.47x
Average industry PB 6.31x



You may also like the below Video Courses