BEST AGROLIFE
|
The Current P/B Ratio of BEST AGROLIFE is 2.29.
Share Price | ₹627.4 | Dec 11,2024 |
Market Cap | ₹1,480.5 Cr | |
Book Value | ₹647.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.29x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BEST AGROLIFE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,480.5 Cr] as on Dec 11,2024
(/) Book Value [ ₹647.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.29x ]
Thus, for BEST AGROLIFE , the investors are currently willing to pay '2.29 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 BEST AGROLIFE !
The chart below summarizes the trend in P/B Ratio of BEST AGROLIFE over the last five years.
Historical PB (Price/Book ) ratio chart of BEST AGROLIFE
PB Ratio Performance Analysis for BEST AGROLIFE
- BEST AGROLIFE 's p/b ratio for fiscal years ending Mar2024 to Mar2018 averaged 4.16x.
- BEST AGROLIFE 's operated at median p/b ratio of 4.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BEST AGROLIFE 's p/b ratio peaked in Mar2021 at 7.84x.
- BEST AGROLIFE 's p/b ratio hit its five-year low in Mar2018 of 0.02x.
How does BEST AGROLIFE 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BEST AGROLIFE | 647.01 | 2.29 | 1,480.5 |
PI INDUSTRIES LTD | 8,732.70 | 7.13 | 62,265.1 |
UPL LTD | 24,787.00 | 1.88 | 46,583.2 |
BAYER CROPSCIENCE LTD | 2,849.40 | 9.87 | 28,109.5 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 10.91 | 26,636.9 |
BASF INDIA LTD | 3,220.08 | 7.59 | 24,451.8 |
RALLIS INDIA LTD | 1,829.49 | 3.48 | 6,369.8 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.89 | 7,403.1 |
BHARAT RASAYAN LTD | 987.88 | 4.67 | 4,615.2 |
SHARDA CROPCHEM LTD | 2,237.12 | 3.37 | 7,548.8 |
INDIA PESTICIDES LTD | 824.91 | 2.67 | 2,199.1 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs BEST AGROLIFE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.88x |
Max industry PB | 10.91x |
Median industry PB | 4.67x |
Average industry PB | 5.43x |
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