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DEEPAK NITRITE
PB (Price/Book ) Ratio

The Current P/B Ratio of DEEPAK NITRITE is 6.62.

Share Price ₹2,326.3Feb 01,2025
Market Cap ₹31,730.1 Cr
Book Value₹4,796.6 CrMar2024 - Consolidated Results
Price/Book 6.62xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DEEPAK NITRITE

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of DEEPAK NITRITE is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 6.62x.

- 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 ValuePB RatioMarket Cap
DEEPAK NITRITE 4,796.626.6231,730.1
PIDILITE INDUSTRIES LTD8,397.3117.86149,962.0
SOLAR INDUSTRIES INDIA LTD3,305.6027.6291,290.4
SRF LTD11,458.807.3183,786.0
GUJARAT FLUOROCHEMICALS LTD5,936.346.6139,222.5
TATA CHEMICALS LTD22,241.001.1024,570.0
GODREJ INDUSTRIES LTD7,989.073.8931,038.4
AARTI INDUSTRIES LTD5,287.423.1516,661.4
ATUL LTD5,114.343.5718,283.6
VINATI ORGANICS LTD2,301.197.8418,035.8
HIMADRI SPECIALITY CHEMICAL LTD3,044.348.0324,434.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs DEEPAK NITRITE 's P/B Ratio

Top 10 Industry PeersPB 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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