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RMC Switchgears (BOM:540358) PB Ratio : 15.36 (As of Dec. 13, 2024)


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What is RMC Switchgears PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-13), RMC Switchgears's share price is ₹1051.90. RMC Switchgears's Book Value per Share for the quarter that ended in Sep. 2024 was ₹68.48. Hence, RMC Switchgears's PB Ratio of today is 15.36.

The historical rank and industry rank for RMC Switchgears's PB Ratio or its related term are showing as below:

BOM:540358' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.34   Max: 17.89
Current: 15.31

During the past 13 years, RMC Switchgears's highest PB Ratio was 17.89. The lowest was 0.27. And the median was 1.34.

BOM:540358's PB Ratio is ranked worse than
97.1% of 2929 companies
in the Industrial Products industry
Industry Median: 2.12 vs BOM:540358: 15.31

During the past 12 months, RMC Switchgears's average Book Value Per Share Growth Rate was 31.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of RMC Switchgears was 28.10% per year. The lowest was 1.60% per year. And the median was 16.70% per year.

Back to Basics: PB Ratio


RMC Switchgears PB Ratio Historical Data

The historical data trend for RMC Switchgears's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RMC Switchgears PB Ratio Chart

RMC Switchgears Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.35 0.83 4.13 6.84

RMC Switchgears Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 4.13 9.96 6.84 13.03

Competitive Comparison of RMC Switchgears's PB Ratio

For the Electrical Equipment & Parts subindustry, RMC Switchgears's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RMC Switchgears's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RMC Switchgears's PB Ratio distribution charts can be found below:

* The bar in red indicates where RMC Switchgears's PB Ratio falls into.



RMC Switchgears PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

RMC Switchgears's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=1051.90/68.477
=15.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


RMC Switchgears  (BOM:540358) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


RMC Switchgears PB Ratio Related Terms

Thank you for viewing the detailed overview of RMC Switchgears's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RMC Switchgears Business Description

Traded in Other Exchanges
N/A
Address
B-11 (B&C), Malviya Industrial Area, Jaipur, RJ, IND, 302017
RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures for energy metering, distribution boxes, panels, sheet moulding compounds, bulk moulding compounds, and solar power equipment, and provides turnkey contracts. The company operates in two segments: primary and secondary. The primary segment is engaged in "Switch Gear Engineering" and "Construction contracts for the power distribution/transmission sector." The secondary segment operates mainly within the geographical limits of India.

RMC Switchgears Headlines

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