ABB India (BOM:500002) PB Ratio : 29.98 (As of May. 22, 2024)

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What is ABB India 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 (2024-05-22), ABB India's share price is ₹8409.85. ABB India's Book Value per Share for the quarter that ended in Dec. 2023 was ₹280.53. Hence, ABB India's PB Ratio of today is 29.98.

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

BOM:500002' s PB Ratio Range Over the Past 10 Years
Min: 4.16 Med: 7.91 Max: 30.56
Current: 29.98

During the past 13 years, ABB India's highest PB Ratio was 30.56. The lowest was 4.16. And the median was 7.91.

BOM:500002's PB Ratio is ranked worse than
99.08% of 2935 companies
in the Industrial Products industry
Industry Median: 1.94 vs BOM:500002: 29.98

During the past 12 months, ABB India's average Book Value Per Share Growth Rate was 20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ABB India was 32.80% per year. The lowest was 0.30% per year. And the median was 10.95% per year.

Back to Basics: PB Ratio

ABB India PB Ratio Historical Data

The historical data trend for ABB India'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.

ABB India PB Ratio Chart

ABB India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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7.73

7.12

11.71

11.51

16.66

ABB India 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															11.51	-	17.45	-	16.66

Competitive Comparison of ABB India's PB Ratio

For the Specialty Industrial Machinery subindustry, ABB India'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.

ABB India's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where ABB India's PB Ratio falls into.

ABB India 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.

ABB India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8409.85	/	280.527
	=	29.98

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.

ABB India (BOM:500002) 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.

ABB India PB Ratio Related Terms

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

ABB India (BOM:500002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB India Ltd (BOM:500002) » Definitions » PB Ratio

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ABB:India

Address

Peenya Industrial Area IV, Disha - 3rd Floor, Plot No. 5 & 6, 2nd Stage, Peenya, Bengaluru, KA, IND, 560 058

Website

http://www.abb.co.in

ABB India Ltd offers systems and services for electrical distribution, power grids and plants, machinery components, and other industrial applications. The engineering company attempts to increase industrial productivity while lowering the environmental impact. The company's revenue is split between its four operating segments: Robotics and Discrete Automation, Electrification, Motion, and Industrial Automation. Solutions can control the entire flow of power plants or be individualized to specific transformers, circuit breakers, motors, and other automated machinery. The company has several manufacturing sites located in India, and the majority of its revenue is generated in India.

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