Wheels India Ltd
NSE:WHEELS
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (2), the stock would be worth ₹787.67 (25% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.7 | ₹1 047.95 |
0%
|
| 3-Year Average | 2 | ₹787.67 |
-25%
|
| 5-Year Average | 2 | ₹798.29 |
-24%
|
| Industry Average | 4.1 | ₹1 621.94 |
+55%
|
| Country Average | 3.3 | ₹1 281.52 |
+22%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
W
|
Wheels India Ltd
NSE:WHEELS
|
25.6B INR | 2.7 | 18.9 | |
| JP |
P
|
Pacific Industrial Co Ltd
TSE:7250
|
57.2T JPY | 0.9 | 11 | |
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
7.8T JPY | 3.2 | 30.5 | |
| JP |
|
Denso Corp
TSE:6902
|
5.1T JPY | 1 | 13.3 | |
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
38.6T KRW | 0.8 | 10.6 | |
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
154.1B CNY | 4.1 | 17.1 | |
| CA |
|
Magna International Inc
TSX:MG
|
24.1B CAD | 1.4 | 20.9 | |
| DE |
|
Continental AG
XETRA:CON
|
13B EUR | 3.3 | -78.5 | |
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
98.6B CNY | 4.1 | 35.5 | |
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.3T INR | 3.6 | 39.4 | |
| US |
|
Modine Manufacturing Co
NYSE:MOD
|
12.9B USD | 11.4 | 131.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 2.1 |
| Median | 3.3 |
| 70th Percentile | 5.5 |
| Max | 4 699.1 |
Other Multiples
Wheels India Ltd
Glance View
Wheels India Ltd. designs and manufactures road wheels. The company is headquartered in Chennai, Tamil Nadu. The firm is primarily engaged in the business of manufacture and distribution of passenger car steel wheels. The company operates through two segments: Automotive Components and Industrial Components. The Industrial Components segment includes components and structures for windmills, railways and thermal power plants. The firm's products include wheels, air suspension division, energy equipment part division, heavy engineering division and fab division. Its range of wheels includes heavy vehicle wheel, light vehicle wheel, agricultural application wheel, off-road construction wheel, wire wheel and forged aluminum wheel. The firm offers TVS WILGO brand. The company also manufactures air suspension kits for trucks and buses. The Company’s manufacturing units are located in Pantnagar, Wardha, Maraimalai Nagar, Padi, Rampur, Bawal, Nashik, Pune and Sriperumbudur. The Company’s subsidiary is WIL Car Wheels Limited.
