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Kalyani Forge (NSE:KALYANIFRG) PB Ratio : 1.46 (As of May. 28, 2024)


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What is Kalyani Forge 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 (2024-05-28), Kalyani Forge's share price is ₹431.85. Kalyani Forge's Book Value per Share for the quarter that ended in Dec. 2023 was ₹296.38. Hence, Kalyani Forge's PB Ratio of today is 1.46.

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

NSE:KALYANIFRG' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.88   Max: 1.58
Current: 1.47

During the past 13 years, Kalyani Forge's highest PB Ratio was 1.58. The lowest was 0.31. And the median was 0.88.

NSE:KALYANIFRG's PB Ratio is ranked worse than
51.12% of 1250 companies
in the Vehicles & Parts industry
Industry Median: 1.44 vs NSE:KALYANIFRG: 1.47

During the past 12 months, Kalyani Forge's average Book Value Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kalyani Forge was 134.50% per year. The lowest was -2.60% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


Kalyani Forge PB Ratio Historical Data

The historical data trend for Kalyani Forge'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.

Kalyani Forge PB Ratio Chart

Kalyani Forge Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.31 0.71 0.61 0.77

Kalyani Forge 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 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 - 0.77 - 1.71 -

Competitive Comparison of Kalyani Forge's PB Ratio

For the Auto Parts subindustry, Kalyani Forge'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.


Kalyani Forge's PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Kalyani Forge's PB Ratio falls into.



Kalyani Forge 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.

Kalyani Forge's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=431.85/296.377
=1.46

* 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.


Kalyani Forge  (NSE:KALYANIFRG) 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.


Kalyani Forge PB Ratio Related Terms

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


Kalyani Forge (NSE:KALYANIFRG) Business Description

Traded in Other Exchanges
Address
Shangrila Gardens, 1st Floor, C Wing, Opposite Bund Garden, Pune, MH, IND, 411 001
Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.

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