ZF Commercial Vehicle Control Systems India Limited designs, develops, manufactures, and sells automotive products in India and internationally. The company offers active and passive safety systems, steering systems, clutch systems, axle systems, and chassis and suspension components for commercial vehicles; steering systems, transmissions, axles, and chassis systems for trucks and off-highway applications; gearboxes for the wind turbine industry; and powertrain products, chassis components, and safety devices for light vehicle industry. It also provides products for various applications, including rail, aerospace, marine, and armoured vehicles; and a range of spare parts under the ACHS, LEMFÖRDER, TRW, and WABCO brands. In addition, the company focuses on the fields of electric mobility, autonomous driving, vehicle motion control, electronics, embedded software, and mechanical engineering. ZF Commercial Vehicle Control Systems India Limited was formerly known as WABCO India Limited and changed its name to ZF Commercial Vehicle Control Systems India Limited in March 2022. The company was founded in 1962 and is headquartered in Chennai, India. ZF Commercial Vehicle Control Systems India Limited is a subsidiary of WABCO Asia Private Limited.
P/B ratio for ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA.NS)
P/B ratio as of 2023: 10.38
According to ZF Commercial Vehicle Control Systems India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 10.38. At the end of 2022 the company had a P/B ratio of 8.20.
P/B ratio history for ZF Commercial Vehicle Control Systems India Limited from 2007 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 10.38 |
| 2022 | 8.20 |
| 2021 | 6.85 |
| 2020 | 6.26 |
| 2019 | 6.15 |
| 2018 | 7.08 |
| 2017 | 9.88 |
| 2016 | 8.73 |
| 2015 | 11.24 |
| 2014 | 12.55 |
| 2013 | 5.11 |
| 2012 | 3.99 |
| 2011 | 5.49 |
| 2010 | 5.05 |
| 2009 | 4.95 |
| 2008 | 1.22 |
| 2007 | 6.05 |