Automotive Axles Limited manufactures and sells automotive components in India. It offers drive axles, front steer axles, defense axles, off-highway axles, non-drive axles, tandem axles, suspension products, drum brakes, and disc brakes, as well as gearing, integral brake to axle design, weight option designs and driver operated locks, and others. The company primarily serves original equipment manufacturers. It also exports its products to the United States, France, Italy, China, Brazil, and Australia. The company was incorporated in 1981 and is based in Mysore, India.
P/B ratio for Automotive Axles Limited (AUTOAXLES.NS)
P/B ratio as of 2023: 3.11
According to Automotive Axles Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.11. At the end of 2022 the company had a P/B ratio of 4.71.
P/B ratio history for Automotive Axles Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.11 |
| 2022 | 4.71 |
| 2021 | 4.17 |
| 2020 | 2.88 |
| 2019 | 1.09 |
| 2018 | 3.50 |
| 2017 | 5.06 |
| 2016 | 2.84 |
| 2015 | 2.72 |
| 2014 | 3.40 |
| 2013 | 1.10 |
| 2012 | 2.22 |
| 2011 | 2.43 |
| 2010 | 3.94 |
| 2009 | 2.39 |
| 2008 | 2.12 |
| 2007 | 6.27 |
| 2006 | 8.63 |