ELANTAS BECK INDIA
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The Current P/B Ratio of ELANTAS BECK INDIA is 13.85.
Share Price | ₹12,833.8 | Dec 26,2024 |
Market Cap | ₹10,138.7 Cr | |
Book Value | ₹732.0 Cr | Dec2023 - Standalone Results |
Price/Book | 13.85x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ELANTAS BECK INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹10,138.7 Cr] as on Dec 26,2024
(/) Book Value [ ₹732.0 Cr] based on Dec2023 - Standalone Results
(=) P/B Ratio [ 13.85x ]
Thus, for ELANTAS BECK INDIA , the investors are currently willing to pay '13.85 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 ELANTAS BECK INDIA !
The chart below summarizes the trend in P/B Ratio of ELANTAS BECK INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of ELANTAS BECK INDIA
PB Ratio Performance Analysis for ELANTAS BECK INDIA
- ELANTAS BECK INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 6.16x.
- ELANTAS BECK INDIA 's operated at median p/b ratio of 5.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELANTAS BECK INDIA 's p/b ratio peaked in Dec2023 at 9.2x.
- ELANTAS BECK INDIA 's p/b ratio hit its five-year low in Dec2020 of 4.95x.
How does ELANTAS BECK INDIA 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ELANTAS BECK INDIA | 731.99 | 13.85 | 10,138.7 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.79 | 149,354.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.97 | 92,465.0 |
SRF LTD | 11,458.80 | 5.85 | 67,027.6 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.06 | 47,871.5 |
DEEPAK NITRITE LTD | 4,796.62 | 7.31 | 35,071.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,965.9 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.80 | 38,344.3 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.83 | 14,975.7 |
ATUL LTD | 5,114.34 | 4.09 | 20,902.8 |
VINATI ORGANICS LTD | 2,301.19 | 7.78 | 17,895.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ELANTAS BECK INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.21x |
Max industry PB | 27.97x |
Median industry PB | 7.31x |
Average industry PB | 9.23x |
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