BAYER CROPSCIENCE
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The Current P/B Ratio of BAYER CROPSCIENCE is 8.97.
Share Price | ₹5,691.4 | Nov 29,2024 |
Market Cap | ₹25,554.4 Cr | |
Book Value | ₹2,849.4 Cr | Mar2024 - Standalone Results |
Price/Book | 8.97x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BAYER CROPSCIENCE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹25,554.4 Cr] as on Nov 29,2024
(/) Book Value [ ₹2,849.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 8.97x ]
Thus, for BAYER CROPSCIENCE , the investors are currently willing to pay '8.97 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 BAYER CROPSCIENCE !
The chart below summarizes the trend in P/B Ratio of BAYER CROPSCIENCE over the last five years.
Historical PB (Price/Book ) ratio chart of BAYER CROPSCIENCE
PB Ratio Performance Analysis for BAYER CROPSCIENCE
- BAYER CROPSCIENCE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.84x.
- BAYER CROPSCIENCE 's operated at median p/b ratio of 8.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAYER CROPSCIENCE 's p/b ratio peaked in Mar2021 at 9.34x.
- BAYER CROPSCIENCE 's p/b ratio hit its five-year low in Mar2020 of 6.04x.
How does BAYER CROPSCIENCE 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BAYER CROPSCIENCE | 2,849.40 | 8.97 | 25,554.4 |
PI INDUSTRIES LTD | 8,732.70 | 7.06 | 61,681.8 |
UPL LTD | 24,787.00 | 1.86 | 46,068.1 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 11.27 | 27,510.4 |
BASF INDIA LTD | 3,220.08 | 8.08 | 26,004.9 |
RALLIS INDIA LTD | 1,829.49 | 3.55 | 6,487.5 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.51 | 6,924.5 |
BHARAT RASAYAN LTD | 987.88 | 4.97 | 4,907.9 |
SHARDA CROPCHEM LTD | 2,237.12 | 3.25 | 7,272.2 |
INDIA PESTICIDES LTD | 824.91 | 2.60 | 2,147.2 |
ASTEC LIFESCIENCES LTD | 368.91 | 5.68 | 2,095.3 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs BAYER CROPSCIENCE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.86x |
Max industry PB | 11.27x |
Median industry PB | 5.51x |
Average industry PB | 5.71x |
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