AKZO NOBEL INDIA
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The Current P/B Ratio of AKZO NOBEL INDIA is 12.73.
Share Price | ₹3,720.3 | Nov 28,2024 |
Market Cap | ₹16,927.4 Cr | |
Book Value | ₹1,329.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 12.73x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AKZO NOBEL INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
AKZO NOBEL INDIA | 1,329.90 | 12.73 | 16,927.4 |
ASIAN PAINTS LTD | 18,680.00 | 12.63 | 235,852.0 |
BERGER PAINTS INDIA LTD | 5,373.85 | 10.61 | 57,024.9 |
KANSAI NEROLAC PAINTS LTD | 5,566.70 | 3.99 | 22,190.7 |
INDIGO PAINTS LTD | 902.17 | 7.55 | 6,815.3 |
SHALIMAR PAINTS LTD | 391.27 | 2.32 | 908.3 |
Paints Industry Benchmark (Top 10) PB Analysis vs AKZO NOBEL INDIA 's P/B Ratio
Top 10 Industry Peers | PB 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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