ESAB India Limited manufactures and sells welding and cutting equipment in India. The company offers gas equipment; welding consumables; welding automation and robotics; ESAB digital solutions; arc welding equipment; plasma cutting equipment; and cutting automation products, as well as PPE products and accessories, including helmets and head protection, gloves, clothes, eye protection products, and accessories. It serves the shipbuilding, petrochemical, construction, transport, offshore, energy, and general engineering industries, as well as repair and maintenance of steel, mills, cement, sugar industries, etc. The company sells its products under the Arcair, Exaton, GASARC, Stoody, TBI Industries, Thermal Dynamics, Tweco, and Victor brand names. It exports its products and services to Bangladesh, Sri Lanka, Nepal, Singapore, Dubai, Indonesia, China, Malaysia, Uzbekistan, Hongkong, the Czech Republic, Taiwan, Korea, Ghana, South Africa, Thailand, Egypt, Vietnam, Germany, Australia, and the United States. The company was incorporated in 1987 and is headquartered in Chennai, India.
P/B ratio for ESAB India Limited (ESABINDIA.NS)
P/B ratio as of 2023: 26.97
According to ESAB India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 26.97. At the end of 2022 the company had a P/B ratio of 20.89.
P/B ratio history for ESAB India Limited from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 26.97 |
| 2022 | 20.89 |
| 2021 | 19.04 |
| 2020 | 10.63 |
| 2019 | 4.95 |
| 2018 | 5.30 |
| 2017 | 2.95 |
| 2016 | 2.74 |
| 2015 | 3.11 |
| 2014 | 3.66 |
| 2013 | 2.64 |
| 2012 | 2.81 |
| 2011 | 3.25 |
| 2010 | 4.56 |
| 2009 | 4.92 |
| 2008 | 2.81 |
| 2007 | 6.79 |
| 2006 | 7.63 |
| 2005 | 19.79 |