DIAMINES & CHEMICALS
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The Current P/B Ratio of DIAMINES & CHEMICALS is 3.44.
Share Price | ₹520.0 | Nov 19,2024 |
Market Cap | ₹509.6 Cr | |
Book Value | ₹148.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.44x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DIAMINES & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹509.6 Cr] as on Nov 19,2024
(/) Book Value [ ₹148.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.44x ]
Thus, for DIAMINES & CHEMICALS , the investors are currently willing to pay '3.44 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 DIAMINES & CHEMICALS !
The chart below summarizes the trend in P/B Ratio of DIAMINES & CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of DIAMINES & CHEMICALS
PB Ratio Performance Analysis for DIAMINES & CHEMICALS
- DIAMINES & CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2016 averaged 2.61x.
- DIAMINES & CHEMICALS 's operated at median p/b ratio of 2.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DIAMINES & CHEMICALS 's p/b ratio peaked in Mar2024 at 3.33x.
- DIAMINES & CHEMICALS 's p/b ratio hit its five-year low in Mar2016 of 1.1x.
How does DIAMINES & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DIAMINES & CHEMICALS | 148.09 | 3.44 | 509.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.18 | 152,637.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.32 | 90,324.0 |
SRF LTD | 11,458.80 | 5.69 | 65,174.9 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.20 | 42,757.5 |
DEEPAK NITRITE LTD | 4,796.62 | 7.60 | 36,449.0 |
TATA CHEMICALS LTD | 22,241.00 | 1.22 | 27,200.3 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.33 | 34,596.2 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.98 | 15,762.3 |
ATUL LTD | 5,114.34 | 4.19 | 21,451.4 |
VINATI ORGANICS LTD | 2,301.19 | 7.98 | 18,371.1 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs DIAMINES & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.22x |
Max industry PB | 27.32x |
Median industry PB | 5.69x |
Average industry PB | 8.19x |
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