India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for auto industry in India and internationally. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products; regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Its products have applications in two-wheelers, three wheelers, and portable engines. The company was incorporated in 1984 and is based in Chennai, India.
P/B ratio for India Nippon Electricals Limited (INDNIPPON.NS)
P/B ratio as of 2023: 2.65
According to India Nippon Electricals Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.65. At the end of 2022 the company had a P/B ratio of 1.33.
P/B ratio history for India Nippon Electricals Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.65 |
| 2022 | 1.33 |
| 2021 | 1.91 |
| 2020 | 1.85 |
| 2019 | 1.02 |
| 2018 | 2.42 |
| 2017 | 3.14 |
| 2016 | 2.26 |
| 2015 | 1.76 |
| 2014 | 2.14 |
| 2013 | 1.06 |
| 2012 | 0.93 |
| 2011 | 0.98 |
| 2010 | 1.45 |
| 2009 | 1.07 |
| 2008 | 0.51 |
| 2007 | 0.91 |
| 2006 | 1.21 |