ECOPLAST
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The Current P/B Ratio of ECOPLAST is 4.28.
Share Price | ₹598.9 | Feb 21,2025 |
Market Cap | ₹179.7 Cr | |
Book Value | ₹42.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 4.28x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ECOPLAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹179.7 Cr] as on Feb 21,2025
(/) Book Value [ ₹42.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.28x ]
Thus, for ECOPLAST , the investors are currently willing to pay '4.28 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 ECOPLAST !
The chart below summarizes the trend in P/B Ratio of ECOPLAST over the last five years.
Historical PB (Price/Book ) ratio chart of ECOPLAST
PB Ratio Performance Analysis for ECOPLAST
- ECOPLAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.07x.
- ECOPLAST 's operated at median p/b ratio of 0.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ECOPLAST 's p/b ratio peaked in Mar2024 at 2.08x.
- ECOPLAST 's p/b ratio hit its five-year low in Mar2021 of 0.71x.
How does ECOPLAST 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ECOPLAST | 41.96 | 4.28 | 179.7 |
SUPREME INDUSTRIES LTD | 5,108.83 | 9.12 | 46,604.9 |
ASTRAL LTD | 3,186.50 | 11.70 | 37,281.1 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.05 | 11,571.9 |
GARWARE HITECH FILMS LTD | 2,044.80 | 4.77 | 9,747.7 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.55 | 9,061.3 |
EPL LTD | 2,054.60 | 3.70 | 7,591.8 |
SHAILY ENGINEERING PLASTICS LTD | 458.08 | 14.44 | 6,614.7 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 4.94 | 5,614.8 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.76 | 4,099.4 |
POLYPLEX CORPORATION LTD | 3,511.13 | 1.04 | 3,646.4 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs ECOPLAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.76x |
Max industry PB | 14.44x |
Median industry PB | 4.28x |
Average industry PB | 5.49x |
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