Eicher Motors Limited, an automobile company, manufactures and sells motorcycles and commercial vehicles in India and internationally. It owns the Royal Enfield motorcycle brand that offers Classic, Bullet, Himalayan, Interceptor INT 650, Classic 350, Scram 411 ADV Crossover, Meteor 350, Continental GT 650, and Thunderbird models. In addition, the company designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories and apparel. It offers through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher brand; Volvo trucks; and engineering components and aggregates. The company was founded in 1948 and is headquartered in Gurugram, India.
P/B ratio for Eicher Motors Limited (EICHERMOT.NS)
P/B ratio as of 2023: 5.99
According to Eicher Motors Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.99. At the end of 2022 the company had a P/B ratio of 5.38.
P/B ratio history for Eicher Motors Limited from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.99 |
| 2022 | 5.38 |
| 2021 | 5.33 |
| 2020 | 6.22 |
| 2019 | 3.58 |
| 2018 | 6.13 |
| 2017 | 10.96 |
| 2016 | 13.02 |
| 2015 | 14.25 |
| 2014 | 16.23 |
| 2013 | 6.54 |
| 2012 | 4.47 |
| 2011 | 2.69 |
| 2010 | 2.69 |
| 2009 | 1.66 |
| 2008 | 0.60 |
| 2007 | 1.61 |
| 2006 | 1.72 |
| 2005 | 1.93 |
| 2004 | 3.62 |
| 2003 | 3.23 |