WHIRLPOOL OF INDIA
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The Current P/B Ratio of WHIRLPOOL OF INDIA is 5.70.
Share Price | ₹1,551.7 | Apr 24,2024 |
Market Cap | ₹19,691.1 Cr | |
Book Value | ₹3,452.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.70x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of WHIRLPOOL OF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹19,691.1 Cr] as on Apr 24,2024
(/) Book Value [ ₹3,452.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.70x ]
Thus, for WHIRLPOOL OF INDIA , the investors are currently willing to pay '5.70 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 WHIRLPOOL OF INDIA !
The chart below summarizes the trend in P/B Ratio of WHIRLPOOL OF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of WHIRLPOOL OF INDIA
PB Ratio Performance Analysis for WHIRLPOOL OF INDIA
- WHIRLPOOL OF INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.86x.
- WHIRLPOOL OF INDIA 's operated at median p/b ratio of 9.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WHIRLPOOL OF INDIA 's p/b ratio peaked in Mar2021 at 10.09x.
- WHIRLPOOL OF INDIA 's p/b ratio hit its five-year low in Mar2023 of 4.83x.
How does WHIRLPOOL OF INDIA '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 |
---|---|---|---|
WHIRLPOOL OF INDIA | 3,452.48 | 5.70 | 19,691.1 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,519.58 | 7.96 | 20,052.1 |
BAJAJ ELECTRICALS LTD | 1,888.47 | 5.73 | 10,823.6 |
TTK PRESTIGE LTD | 1,938.45 | 5.04 | 9,773.7 |
EUREKA FORBES LTD | 4,097.64 | 2.40 | 9,840.4 |
SYMPHONY LTD | 880.91 | 7.44 | 6,550.9 |
IFB INDUSTRIES LTD | 667.47 | 10.13 | 6,761.4 |
BOROSIL LTD | 858.67 | 4.70 | 4,035.0 |
PG ELECTROPLAST LTD | 391.23 | 13.34 | 5,218.3 |
ORIENT ELECTRIC LTD | 579.48 | 8.04 | 4,661.0 |
HAWKINS COOKERS LTD | 276.13 | 12.07 | 3,332.4 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs WHIRLPOOL OF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.40x |
Max industry PB | 13.34x |
Median industry PB | 7.44x |
Average industry PB | 7.50x |
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