AKSHARCHEM (INDIA)
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The Current P/B Ratio of AKSHARCHEM (INDIA) is 0.66.
Share Price | ₹213.7 | Apr 04,2025 |
Market Cap | ₹170.9 Cr | |
Book Value | ₹259.2 Cr | Mar2024 - Standalone Results |
Price/Book | 0.66x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of AKSHARCHEM (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹170.9 Cr] as on Apr 04,2025
(/) Book Value [ ₹259.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.66x ]
Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay '0.66 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of AKSHARCHEM (INDIA) !
The chart below summarizes the trend in P/B Ratio of AKSHARCHEM (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of AKSHARCHEM (INDIA)
PB Ratio Performance Analysis for AKSHARCHEM (INDIA)
- AKSHARCHEM (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.71x.
- AKSHARCHEM (INDIA) 's operated at median p/b ratio of 0.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/b ratio peaked in Mar2022 at 1x.
- AKSHARCHEM (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.47x.
How does AKSHARCHEM (INDIA) 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?
Peer Comparison (Dyes & Pigments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AKSHARCHEM (INDIA) | 259.19 | 0.66 | 170.9 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 1,144.41 | 6.89 | 7,886.4 |
KIRI INDUSTRIES LTD | 2,811.72 | 1.19 | 3,331.9 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 280.23 | 7.79 | 2,182.1 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 469.82 | 1.73 | 810.5 |
BODAL CHEMICALS LTD | 1,081.32 | 0.73 | 792.1 |
BHAGERIA INDUSTRIES LTD | 522.44 | 1.31 | 686.1 |
DYNEMIC PRODUCTS LTD | 196.85 | 1.77 | 348.6 |
PODDAR PIGMENTS LTD | 348.40 | 0.91 | 318.6 |
ASAHI SONGWON COLORS LTD | 235.59 | 1.78 | 419.3 |
JAYSYNTH ORGOCHEM LTD | 98.06 | 2.98 | 292.1 |
Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs AKSHARCHEM (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.66x |
Max industry PB | 7.79x |
Median industry PB | 1.73x |
Average industry PB | 2.52x |
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