Johnson Controls-Hitachi Air Conditioning India Limited manufactures and distributes conditioners, chillers, refrigerators, air purifiers, and variable refrigerant flow systems in India. It offers inverter and fixed speed split, packaged, window, and cassette air conditioners; ducted and ductless air conditioners; water- and air-cooled screw chillers, and centrifugal chillers; and space makers. The company also provides accessories and spare parts for its products, as well as undertakes after sales services, including repair and maintenance. It offers its products under the Hitachi brand. The company also exports its products to Nepal, Bhutan, Sri Lanka, Maldives, Indonesia, Vietnam, the United Arab Emirates, Qatar, Oman, Bahrain, Iraq, Kuwait, and Saudi Arabia. The company was formerly known as Hitachi Home & Life Solutions (India) Limited and changed its name to Johnson Controls-Hitachi Air Conditioning India Limited in September 2016. The company was incorporated in 1984 and is headquartered in Kadi, India. Johnson Controls-Hitachi Air Conditioning India Limited is a subsidiary of JCHAC India Holdco Limited.
P/B ratio for Johnson Controls-Hitachi Air Conditioning India Limited (JCHAC.NS)
P/B ratio as of 2023: 4.77
According to Johnson Controls-Hitachi Air Conditioning India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.77. At the end of 2022 the company had a P/B ratio of 4.19.
P/B ratio history for Johnson Controls-Hitachi Air Conditioning India Limited from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.77 |
| 2022 | 4.19 |
| 2021 | 6.51 |
| 2020 | 9.99 |
| 2019 | 8.45 |
| 2018 | 9.11 |
| 2017 | 12.99 |
| 2016 | 11.22 |
| 2015 | 9.22 |
| 2014 | 12.63 |
| 2013 | 1.97 |
| 2012 | 1.65 |
| 2011 | 1.67 |
| 2010 | 2.95 |
| 2009 | 3.75 |
| 2008 | 0.75 |
| 2007 | 4.30 |
| 2006 | 2.98 |
| 2005 | 8.49 |
| 2004 | 11.29 |