Orient Electric Limited
ORIENTELEC.NS

$572.17 M
Marketcap
$2.68
Share price
Country
$0.02
Change (1 day)
$3.52
Year High
$2.24
Year Low

Orient Electric Limited manufactures, purchases, and sells electrical consumer durables, and lighting and switchgear products in India. The company operates in two segments, Electrical Consumer Durables, and Lighting and Switchgear. It offers ceiling, portable, airflow, wall, lifestyle, stand, table, exhaust, and multi-utility fans, as well as related components and accessories; and home appliances, such as air coolers, room and water heaters, oil filled radiators, heat convectors, dry irons, mixer grinders, juicer mixer grinders, wet grinders, electric kettles and rice cookers, induction cooktops, electric choppers and toasters, and electric hand mixers; and health appliances. The company also provides lighting products comprising LED bulbs and luminaires, LED lamps and tubes, professional lighting products, CFLs, fluorescent tube lights, incandescent lamps, and conventional fittings; and switchgears, including miniature and residual current circuit breakers, distribution boards, isolators, and modular switches and plates, as well as wiring accessories. Orient Electric Limited also exports its products to approximately 26 countries. The company sells its products through a sales/distribution network, as well as online. It also franchises smart shops. Orient Electric Limited was incorporated in 2016 and is headquartered in New Delhi, India.

marketcap

P/B ratio for Orient Electric Limited (ORIENTELEC.NS)

P/B ratio as of 2023: 6.63

According to Orient Electric Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.63. At the end of 2022 the company had a P/B ratio of 9.83.

P/B ratio history for Orient Electric Limited from 2016 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 6.63
2022 9.83
2021 12.59
2020 14.50
2019 11.60
2018 10.79
2017 11.29
2016 13.95