CHEMBOND CHEMICALS
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The Current P/B Ratio of CHEMBOND CHEMICALS is 2.12.
Share Price | ₹570.9 | Jan 28,2025 |
Market Cap | ₹764.9 Cr | |
Book Value | ₹361.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.12x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CHEMBOND CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹764.9 Cr] as on Jan 28,2025
(/) Book Value [ ₹361.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.12x ]
Thus, for CHEMBOND CHEMICALS , the investors are currently willing to pay '2.12 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 CHEMBOND CHEMICALS !
The chart below summarizes the trend in P/B Ratio of CHEMBOND CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of CHEMBOND CHEMICALS
PB Ratio Performance Analysis for CHEMBOND CHEMICALS
- CHEMBOND CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.05x.
- CHEMBOND CHEMICALS 's operated at median p/b ratio of 0.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CHEMBOND CHEMICALS 's p/b ratio peaked in Mar2024 at 1.78x.
- CHEMBOND CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.74x.
How does CHEMBOND CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CHEMBOND CHEMICALS | 361.47 | 2.12 | 764.9 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.35 | 145,669.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 25.33 | 83,727.3 |
SRF LTD | 11,458.80 | 6.73 | 77,070.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.19 | 36,734.4 |
DEEPAK NITRITE LTD | 4,796.62 | 6.24 | 29,912.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.08 | 23,981.5 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.51 | 28,051.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.81 | 14,879.6 |
ATUL LTD | 5,114.34 | 3.59 | 18,342.4 |
VINATI ORGANICS LTD | 2,301.19 | 7.21 | 16,598.4 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs CHEMBOND CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.08x |
Max industry PB | 25.33x |
Median industry PB | 6.19x |
Average industry PB | 7.47x |
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