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AKZO NOBEL INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of AKZO NOBEL INDIA is 12.73.

Share Price ₹3,720.3Nov 28,2024
Market Cap ₹16,927.4 Cr
Book Value₹1,329.9 CrMar2024 - Consolidated Results
Price/Book 12.73xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AKZO NOBEL INDIA

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of AKZO NOBEL INDIA is calculated as :

Current Market Cap [ ₹16,927.4 Cr] as on Nov 28,2024

(/) Book Value [ ₹1,329.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 12.73x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for AKZO NOBEL INDIA , the investors are currently willing to pay '12.73 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 AKZO NOBEL INDIA !

The chart below summarizes the trend in P/B Ratio of AKZO NOBEL INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of AKZO NOBEL INDIA


PB Ratio Performance Analysis for AKZO NOBEL INDIA

- AKZO NOBEL INDIA 's latest p/b ratio is 12.73x.

- AKZO NOBEL INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.85x.

- AKZO NOBEL INDIA 's operated at median p/b ratio of 8.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKZO NOBEL INDIA 's p/b ratio peaked in Mar2024 at 8.16x.

- AKZO NOBEL INDIA 's p/b ratio hit its five-year low in Mar2022 of 6.93x.


How does AKZO NOBEL INDIA 's P/B Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Book ValuePB RatioMarket Cap
AKZO NOBEL INDIA 1,329.9012.7316,927.4
ASIAN PAINTS LTD18,680.0012.63235,852.0
BERGER PAINTS INDIA LTD5,373.8510.6157,024.9
KANSAI NEROLAC PAINTS LTD5,566.703.9922,190.7
INDIGO PAINTS LTD902.177.556,815.3
SHALIMAR PAINTS LTD391.272.32908.3

Paints Industry Benchmark (Top 10) PB Analysis vs AKZO NOBEL INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.32x
Max industry PB 12.73x
Median industry PB 10.61x
Average industry PB 8.30x



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