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ARVEE LABORATORIES (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of ARVEE LABORATORIES (INDIA) is 6.09.

Share Price ₹161.2Jan 17,2025
Market Cap ₹177.3 Cr
Book Value₹29.1 CrMar2024 - Standalone Results
Price/Book 6.09xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ARVEE LABORATORIES (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 ARVEE LABORATORIES (INDIA) is calculated as :

Current Market Cap [ ₹177.3 Cr] as on Jan 17,2025

(/) Book Value [ ₹29.1 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 6.09x ]

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

Thus, for ARVEE LABORATORIES (INDIA) , the investors are currently willing to pay '6.09 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 ARVEE LABORATORIES (INDIA) !

The chart below summarizes the trend in P/B Ratio of ARVEE LABORATORIES (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of ARVEE LABORATORIES (INDIA)


PB Ratio Performance Analysis for ARVEE LABORATORIES (INDIA)

- ARVEE LABORATORIES (INDIA) 's latest p/b ratio is 6.09x.

- ARVEE LABORATORIES (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.67x.

- ARVEE LABORATORIES (INDIA) 's operated at median p/b ratio of 3.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARVEE LABORATORIES (INDIA) 's p/b ratio peaked in Mar2024 at 5.43x.

- ARVEE LABORATORIES (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.39x.


How does ARVEE LABORATORIES (INDIA) 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
ARVEE LABORATORIES (INDIA) 29.116.09177.3
PIDILITE INDUSTRIES LTD8,397.3117.04143,128.0
SOLAR INDUSTRIES INDIA LTD3,305.6026.5887,869.9
SRF LTD11,458.806.7477,214.2
GUJARAT FLUOROCHEMICALS LTD5,936.346.9941,476.6
DEEPAK NITRITE LTD4,796.626.7132,171.7
TATA CHEMICALS LTD22,241.001.1224,842.6
GODREJ INDUSTRIES LTD7,989.073.9231,309.5
AARTI INDUSTRIES LTD5,287.423.0316,037.9
ATUL LTD5,114.343.8519,710.2
VINATI ORGANICS LTD2,301.197.7517,825.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs ARVEE LABORATORIES (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.12x
Max industry PB 26.58x
Median industry PB 6.71x
Average industry PB 8.17x



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