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Rolex Rings (BOM:543325) PB Ratio : 7.57 (As of Jun. 23, 2024)


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What is Rolex Rings 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 (2024-06-23), Rolex Rings's share price is ₹2496.85. Rolex Rings's Book Value per Share for the quarter that ended in Sep. 2023 was ₹329.81. Hence, Rolex Rings's PB Ratio of today is 7.57.

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

BOM:543325' s PB Ratio Range Over the Past 10 Years
Min: 5.67   Med: 7.32   Max: 9.07
Current: 7.58

During the past 6 years, Rolex Rings's highest PB Ratio was 9.07. The lowest was 5.67. And the median was 7.32.

BOM:543325's PB Ratio is ranked worse than
91.74% of 2931 companies
in the Industrial Products industry
Industry Median: 1.87 vs BOM:543325: 7.58

During the past 12 months, Rolex Rings's average Book Value Per Share Growth Rate was 20.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 36.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Rolex Rings was 40.50% per year. The lowest was 36.00% per year. And the median was 36.30% per year.

Back to Basics: PB Ratio


Rolex Rings PB Ratio Historical Data

The historical data trend for Rolex Rings'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.

Rolex Rings PB Ratio Chart

Rolex Rings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial - - 6.27 7.33 5.29

Rolex Rings Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 8.75 - 7.33 7.16 5.29

Competitive Comparison of Rolex Rings's PB Ratio

For the Metal Fabrication subindustry, Rolex Rings'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.


Rolex Rings's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rolex Rings's PB Ratio falls into.



Rolex Rings 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.

Rolex Rings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=2496.85/329.811
=7.57

* 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.


Rolex Rings  (BOM:543325) 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.


Rolex Rings PB Ratio Related Terms

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


Rolex Rings (BOM:543325) Business Description

Traded in Other Exchanges
Address
Gondal Road, Opposite Hotel Krishna Park, Near Kotharia Railway Crossing, Kotharia, Rajkot, GJ, IND, 360 004
Rolex Rings Ltd is a manufacturer and supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles, industrial machinery, wind turbines and railways, amongst other segments.

Rolex Rings (BOM:543325) Headlines

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