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Promax Power (BOM:543375) PB Ratio : 2.73 (As of Apr. 11, 2025)


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What is Promax Power 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 (2025-04-11), Promax Power's share price is ₹31.60. Promax Power's Book Value per Share for the quarter that ended in Sep. 2024 was ₹11.59. Hence, Promax Power's PB Ratio of today is 2.73.

Good Sign:

Promax Power Ltd stock PB Ratio (=2.73) is close to 1-year low of 2.71.

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

BOM:543375' s PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 3.08   Max: 8.6
Current: 2.73

During the past 4 years, Promax Power's highest PB Ratio was 8.60. The lowest was 1.44. And the median was 3.08.

BOM:543375's PB Ratio is ranked worse than
79.72% of 1672 companies
in the Construction industry
Industry Median: 1.16 vs BOM:543375: 2.73

During the past 12 months, Promax Power's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Promax Power was 39.60% per year. The lowest was 39.60% per year. And the median was 39.60% per year.

Back to Basics: PB Ratio


Promax Power PB Ratio Historical Data

The historical data trend for Promax Power'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.

Promax Power PB Ratio Chart

Promax Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24
PB Ratio
- 2.15 2.41 6.50

Promax Power Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
PB Ratio Get a 7-Day Free Trial 2.24 2.41 2.34 6.50 3.70

Competitive Comparison of Promax Power's PB Ratio

For the Engineering & Construction subindustry, Promax Power'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.


Promax Power's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Promax Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Promax Power's PB Ratio falls into.


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Promax Power 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.

Promax Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=31.60/11.59
=2.73

* 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.


Promax Power  (BOM:543375) 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.


Promax Power PB Ratio Related Terms

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


Promax Power Business Description

Traded in Other Exchanges
N/A
Address
Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306
Promax Power Ltd is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. The company also provides turnkey execution of civil infrastructure projects such as industrial buildings and turnkey execution of water infrastructure management projects such as water transmission and distribution work.

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