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Aaron Industries Ltd
NSE:AARON

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Aaron Industries Ltd
NSE:AARON
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Price: 142.23 INR 0.97% Market Closed
Market Cap: ₹3B

P/B

6.7
Current
25%
Cheaper
vs 3-y average of 8.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.7
=
Market Cap
₹3.4B
/
Total Equity
₹442.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.7
=
Market Cap
₹3.4B
/
Total Equity
₹442.3m

Valuation Scenarios

Aaron Industries Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (8.9), the stock would be worth ₹188.44 (32% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-52%
Maximum Upside
+32%
Average Downside
2%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.7 ₹142.23
0%
3-Year Average 8.9 ₹188.44
+32%
5-Year Average 8.7 ₹183.49
+29%
Industry Average 5.7 ₹119.66
-16%
Country Average 3.3 ₹68.63
-52%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
Aaron Industries Ltd
NSE:AARON
3B INR 6.7 41.2
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 24 437.1 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
120.4B USD 8.4 34.1
JP
Freund Corp
TSE:6312
16.9T JPY 1 012.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16T JPY 6.1 56.9
SE
Atlas Copco AB
STO:ATCO A
911.3B SEK 8.2 34.3
US
Illinois Tool Works Inc
NYSE:ITW
77.1B USD 23.8 25.1
US
Barnes Group Inc
NYSE:B
68.2B USD 2.6 13.6
SE
Sandvik AB
STO:SAND
492.1B SEK 5.3 33.5

Market Distribution

Higher than 77% of companies in India
Percentile
77th
Based on 2 820 companies
77th percentile
6.7
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Aaron Industries Ltd
Glance View

Market Cap
3B INR
Industry
Machinery

Aaron Industries Ltd. engages in the manufacture and trade of elevators, elevator parts and electronic equipment. The company is headquartered in Surat, Gujarat. The company went IPO on 2018-09-03. The firm's segments include Elevator Division, Electrical Division and Steel Polishing Division. Its Elevator Division includes elevator cabins, doors & frame, elevator parts and others. Its Electrical Division includes distribution board & box, busbar and mini busbar (MS) box, and others. Its Steel Polishing Division includes stainless steel (SS) polishing of mirror and matt, SS press plate, SS designer sheet and others. The firm's products include elevator cabins, such as SS cabins, mild steel cabins and premium cabins; autodoors, which include ADS 2Pnl, and designer sheets, which include full panel sheets and seamless designer sheets.

AARON Intrinsic Value
128.06 INR
Overvaluation 10%
Intrinsic Value
Price ₹142.23
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