ARVEE LABORATORIES (INDIA)
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The Current P/B Ratio of ARVEE LABORATORIES (INDIA) is 6.09.
Share Price | ₹161.2 | Jan 17,2025 |
Market Cap | ₹177.3 Cr | |
Book Value | ₹29.1 Cr | Mar2024 - Standalone Results |
Price/Book | 6.09x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ARVEE LABORATORIES (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ARVEE LABORATORIES (INDIA) | 29.11 | 6.09 | 177.3 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.04 | 143,128.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 26.58 | 87,869.9 |
SRF LTD | 11,458.80 | 6.74 | 77,214.2 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.99 | 41,476.6 |
DEEPAK NITRITE LTD | 4,796.62 | 6.71 | 32,171.7 |
TATA CHEMICALS LTD | 22,241.00 | 1.12 | 24,842.6 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.92 | 31,309.5 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.03 | 16,037.9 |
ATUL LTD | 5,114.34 | 3.85 | 19,710.2 |
VINATI ORGANICS LTD | 2,301.19 | 7.75 | 17,825.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ARVEE LABORATORIES (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB 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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