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ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA is 11.11.

Share Price ₹14,081.0Apr 23,2024
Market Cap ₹26,753.9 Cr
Book Value₹2,409.1 CrMar2023 - Consolidated Results
Price/Book 11.11xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS 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 ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA is calculated as :

Current Market Cap [ ₹26,753.9 Cr] as on Apr 23,2024

(/) Book Value [ ₹2,409.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 11.11x ]

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

Thus, for ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA , the investors are currently willing to pay '11.11 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 ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA !

The chart below summarizes the trend in P/B Ratio of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA


PB Ratio Performance Analysis for ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's latest p/b ratio is 11.11x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 7.50x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's operated at median p/b ratio of 8.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/b ratio peaked in Mar2023 at 8.17x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/b ratio hit its five-year low in Mar2022 of 6.83x.


How does ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's P/B Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Book ValuePB RatioMarket Cap
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 2,409.1111.1126,753.9
BOSCH LTD11,005.107.7485,136.9
SAMVARDHANA MOTHERSON INTERNATIONAL LTD22,451.503.8385,925.0
SONA BLW PRECISION FORGINGS LTD2,285.6017.1139,095.5
UNO MINDA LTD4,140.1510.0041,420.9
ENDURANCE TECHNOLOGIES LTD4,412.136.1627,159.9
JBM AUTO LTD1,029.7620.9421,558.8
TVS HOLDINGS LTD3,240.995.2316,964.9
MINDA CORPORATION LTD1,585.806.259,906.3
CRAFTSMAN AUTOMATION LTD1,376.907.069,724.9
MAHARASHTRA SCOOTERS LTD19,042.800.499,264.3

Auto Ancillary Industry Benchmark (Top 10) PB Analysis vs ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.49x
Max industry PB 20.94x
Median industry PB 7.06x
Average industry PB 8.72x



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