DEEPAK NITRITE
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The Current P/B Ratio of DEEPAK NITRITE is 6.62.
Share Price | ₹2,326.3 | Feb 01,2025 |
Market Cap | ₹31,730.1 Cr | |
Book Value | ₹4,796.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.62x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DEEPAK NITRITE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹31,730.1 Cr] as on Feb 01,2025
(/) Book Value [ ₹4,796.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.62x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay '6.62 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 DEEPAK NITRITE !
The chart below summarizes the trend in P/B Ratio of DEEPAK NITRITE over the last five years.
Historical PB (Price/Book ) ratio chart of DEEPAK NITRITE
PB Ratio Performance Analysis for DEEPAK NITRITE
- DEEPAK NITRITE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.86x.
- DEEPAK NITRITE 's operated at median p/b ratio of 6.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK NITRITE 's p/b ratio peaked in Mar2021 at 9.63x.
- DEEPAK NITRITE 's p/b ratio hit its five-year low in Mar2020 of 3.35x.
How does DEEPAK NITRITE 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DEEPAK NITRITE | 4,796.62 | 6.62 | 31,730.1 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.86 | 149,962.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.62 | 91,290.4 |
SRF LTD | 11,458.80 | 7.31 | 83,786.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.61 | 39,222.5 |
TATA CHEMICALS LTD | 22,241.00 | 1.10 | 24,570.0 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.89 | 31,038.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.15 | 16,661.4 |
ATUL LTD | 5,114.34 | 3.57 | 18,283.6 |
VINATI ORGANICS LTD | 2,301.19 | 7.84 | 18,035.8 |
HIMADRI SPECIALITY CHEMICAL LTD | 3,044.34 | 8.03 | 24,434.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs DEEPAK NITRITE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.10x |
Max industry PB | 27.62x |
Median industry PB | 6.62x |
Average industry PB | 8.51x |
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