BERGER PAINTS INDIA
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The Current P/B Ratio of BERGER PAINTS INDIA is 10.10.
Share Price | ₹465.7 | Nov 21,2024 |
Market Cap | ₹54,291.3 Cr | |
Book Value | ₹5,373.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 10.10x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BERGER PAINTS INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹54,291.3 Cr] as on Nov 21,2024
(/) Book Value [ ₹5,373.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 10.10x ]
Thus, for BERGER PAINTS INDIA , the investors are currently willing to pay '10.10 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 BERGER PAINTS INDIA !
The chart below summarizes the trend in P/B Ratio of BERGER PAINTS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of BERGER PAINTS INDIA
PB Ratio Performance Analysis for BERGER PAINTS INDIA
- BERGER PAINTS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.51x.
- BERGER PAINTS INDIA 's operated at median p/b ratio of 17.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BERGER PAINTS INDIA 's p/b ratio peaked in Mar2021 at 22.01x.
- BERGER PAINTS INDIA 's p/b ratio hit its five-year low in Mar2024 of 12.43x.
How does BERGER PAINTS INDIA 's P/B Ratio benchmark against top 10 peers in Paints Industry?
Peer Comparison (Paints Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BERGER PAINTS INDIA | 5,373.85 | 10.10 | 54,291.3 |
ASIAN PAINTS LTD | 18,680.00 | 12.47 | 233,008.0 |
KANSAI NEROLAC PAINTS LTD | 5,566.70 | 3.71 | 20,662.9 |
AKZO NOBEL INDIA LTD | 1,329.90 | 12.42 | 16,513.8 |
INDIGO PAINTS LTD | 902.17 | 7.89 | 7,122.1 |
SHALIMAR PAINTS LTD | 391.27 | 2.12 | 830.4 |
Paints Industry Benchmark (Top 10) PB Analysis vs BERGER PAINTS INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.12x |
Max industry PB | 12.47x |
Median industry PB | 10.10x |
Average industry PB | 8.12x |
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