Wheels India Limited, together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally. The company offers steel wheels for use in heavy and light vehicles, as well as for agricultural applications; off-road construction wheels, wire wheels, and forged aluminum wheels; air suspension systems for buses, trucks, and trailers, as well as control and specialty products; and wind turbines and machined components for various other applications. It also provides auto structural products, such as beams, boxes, columns, auto welded and manually welded plates, and rolled sections; and fabrication services for construction and mining equipment sector. Wheels India Limited was incorporated in 1960 and is based in Chennai, India.
P/B ratio for Wheels India Limited (WHEELS.NS)
P/B ratio as of 2023: 1.76
According to Wheels India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.76. At the end of 2022 the company had a P/B ratio of 1.41.
P/B ratio history for Wheels India Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.76 |
| 2022 | 1.41 |
| 2021 | 1.68 |
| 2020 | 1.65 |
| 2019 | 1.22 |
| 2018 | 3.39 |
| 2017 | 4.58 |
| 2016 | 3.36 |
| 2015 | 2.81 |
| 2014 | 4.03 |
| 2013 | 1.56 |
| 2012 | 2.25 |
| 2011 | 2.37 |
| 2010 | 1.02 |
| 2009 | 1.16 |
| 2008 | 0.55 |
| 2007 | 1.24 |
| 2006 | 1.32 |