CHEMCON SPECIALITY CHEMICALS
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The Current P/B Ratio of CHEMCON SPECIALITY CHEMICALS is 1.76.
Share Price | ₹229.4 | Dec 20,2024 |
Market Cap | ₹839.4 Cr | |
Book Value | ₹476.4 Cr | Mar2024 - Standalone Results |
Price/Book | 1.76x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CHEMCON SPECIALITY CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹839.4 Cr] as on Dec 20,2024
(/) Book Value [ ₹476.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.76x ]
Thus, for CHEMCON SPECIALITY CHEMICALS , the investors are currently willing to pay '1.76 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 CHEMCON SPECIALITY CHEMICALS !
The chart below summarizes the trend in P/B Ratio of CHEMCON SPECIALITY CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of CHEMCON SPECIALITY CHEMICALS
PB Ratio Performance Analysis for CHEMCON SPECIALITY CHEMICALS
- CHEMCON SPECIALITY CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.04x.
- CHEMCON SPECIALITY CHEMICALS 's operated at median p/b ratio of 1.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CHEMCON SPECIALITY CHEMICALS 's p/b ratio peaked in Mar2021 at 4.22x.
- CHEMCON SPECIALITY CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does CHEMCON SPECIALITY CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CHEMCON SPECIALITY CHEMICALS | 476.41 | 1.76 | 839.4 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.02 | 151,358.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 26.84 | 88,732.7 |
SRF LTD | 11,458.80 | 5.89 | 67,490.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.00 | 47,464.0 |
DEEPAK NITRITE LTD | 4,796.62 | 7.38 | 35,407.6 |
TATA CHEMICALS LTD | 22,241.00 | 1.18 | 26,195.3 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.72 | 37,692.7 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.77 | 14,642.2 |
ATUL LTD | 5,114.34 | 4.04 | 20,686.5 |
VINATI ORGANICS LTD | 2,301.19 | 7.70 | 17,721.1 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs CHEMCON SPECIALITY CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.18x |
Max industry PB | 26.84x |
Median industry PB | 5.89x |
Average industry PB | 8.03x |
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