Rane Brake Linings (BOM:532987) PB Ratio : 2.55 (As of Apr. 30, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Rane Brake Linings 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 (2024-04-30), Rane Brake Linings's share price is ₹845.45. Rane Brake Linings's Book Value per Share for the quarter that ended in Dec. 2023 was ₹331.71. Hence, Rane Brake Linings's PB Ratio of today is 2.55.

The historical rank and industry rank for Rane Brake Linings's PB Ratio or its related term are showing as below:

BOM:532987' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 2.21 Max: 6.53
Current: 2.51

During the past 13 years, Rane Brake Linings's highest PB Ratio was 6.53. The lowest was 0.72. And the median was 2.21.

BOM:532987's PB Ratio is ranked worse than
72.36% of 1252 companies
in the Vehicles & Parts industry
Industry Median: 1.47 vs BOM:532987: 2.51

During the past 12 months, Rane Brake Linings's average Book Value Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rane Brake Linings was 15.60% per year. The lowest was -17.50% per year. And the median was 9.95% per year.

Back to Basics: PB Ratio

Rane Brake Linings PB Ratio Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings PB Ratio Chart

Rane Brake Linings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

2.27

1.21

2.59

1.95

1.86

Rane Brake Linings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	1.86	-	2.51	-

Competitive Comparison of Rane Brake Linings's PB Ratio

For the Auto Parts subindustry, Rane Brake Linings'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.

Rane Brake Linings's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's PB Ratio falls into.

Rane Brake Linings 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.

Rane Brake Linings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	845.45	/	331.713
	=	2.55

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Rane Brake Linings (BOM:532987) 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.

Rane Brake Linings PB Ratio Related Terms

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

Rane Brake Linings (BOM:532987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » PB Ratio

Traded in Other Exchanges

RBL:India

Address

Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings (BOM:532987) Headlines

No Headlines