DDEV PLASTIKS INDUSTRIES
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The Current P/B Ratio of DDEV PLASTIKS INDUSTRIES is 4.26.
Share Price | ₹271.8 | Nov 22,2024 |
Market Cap | ₹2,813.1 Cr | |
Book Value | ₹659.9 Cr | Mar2024 - Standalone Results |
Price/Book | 4.26x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of DDEV PLASTIKS INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,813.1 Cr] as on Nov 22,2024
(/) Book Value [ ₹659.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 4.26x ]
Thus, for DDEV PLASTIKS INDUSTRIES , the investors are currently willing to pay '4.26 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 DDEV PLASTIKS INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of DDEV PLASTIKS INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of DDEV PLASTIKS INDUSTRIES
PB Ratio Performance Analysis for DDEV PLASTIKS INDUSTRIES
- DDEV PLASTIKS INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 1.05x.
- DDEV PLASTIKS INDUSTRIES 's operated at median p/b ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, DDEV PLASTIKS INDUSTRIES 's p/b ratio peaked in Mar2024 at 2.69x.
- DDEV PLASTIKS INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does DDEV PLASTIKS INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DDEV PLASTIKS INDUSTRIES | 659.87 | 4.26 | 2,813.1 |
ASTRAL LTD | 3,186.50 | 14.86 | 47,338.8 |
SUPREME INDUSTRIES LTD | 5,108.83 | 11.31 | 57,792.8 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.85 | 16,036.2 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 5.94 | 6,751.9 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 3.03 | 4,677.8 |
EPL LTD | 2,054.60 | 4.04 | 8,306.5 |
JAI CORP LTD | 1,486.14 | 3.51 | 5,219.5 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.48 | 8,879.7 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.37 | 10,977.4 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.81 | 4,374.6 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs DDEV PLASTIKS INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.81x |
Max industry PB | 14.86x |
Median industry PB | 4.04x |
Average industry PB | 5.41x |
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