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Marine Electricals (India) Ltd
NSE:MARINE

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Marine Electricals (India) Ltd
NSE:MARINE
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Price: 228.56 INR -1.75% Market Closed
Market Cap: ₹32B

P/B

7.3
Current
22%
More Expensive
vs 3-y average of 6

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
7.3
=
Market Cap
₹26.7B
/
Total Equity
₹4.3B

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
7.3
=
Market Cap
₹26.7B
/
Total Equity
₹4.3B

Valuation Scenarios

Marine Electricals (India) Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (6), the stock would be worth ₹188.11 (18% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-56%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 7.3 ₹228.56
0%
3-Year Average 6 ₹188.11
-18%
5-Year Average 5.2 ₹163.22
-29%
Industry Average 5.5 ₹172.2
-25%
Country Average 3.3 ₹101.29
-56%

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
Marine Electricals (India) Ltd
NSE:MARINE
32.1B INR 7.3 59.2
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 6.1 26
FR
Schneider Electric SE
PAR:SU
152.7B EUR 6.3 36.6
CH
Abb Ltd
SIX:ABBN
139.2B CHF 12.3 36.6
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 8.2 39
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 27.7 75.4
US
Emerson Electric Co
NYSE:EMR
76.7B USD 3.8 33.2
KR
LG Energy Solution Ltd
KRX:373220
110.7T KRW 5.3 -100
JP
Fujikura Ltd
TSE:5803
9.9T JPY 19.5 68.7
US
AMETEK Inc
NYSE:AME
52.2B USD 4.9 35.3
FR
Legrand SA
PAR:LR
39.1B EUR 5.4 31.9

Market Distribution

Higher than 80% of companies in India
Percentile
80th
Based on 2 820 companies
80th percentile
7.3
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

Marine Electricals (India) Ltd
Glance View

Marine Electricals (India) Ltd. engages in the provision of electrical and automation solutions in the marine sector. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2018-10-11. The firm operates through two segments: Electricals & Electronics and Solar. The firm's solutions include Marine, Industrial and Renewable Energy. Its Marine solutions include power generation & distribution, navigation and communication, electrical propulsion, integrated platform management system, information technology, and engineering and project management. Its Industrial solutions include low voltage (LV) MEcubE3, medium voltage (MV) MEpoweR3, Busduct solution and others. The company provides solar power solutions to the industrial, institutional and commercial sectors. The company also provides services like designing, fabricating etc. for all types of electrical & electronic installations in India and abroad and undertakes annual maintenance contracts.

MARINE Intrinsic Value
114.92 INR
Overvaluation 50%
Intrinsic Value
Price ₹228.56
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