FOSECO INDIA
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The Current P/B Ratio of FOSECO INDIA is 9.18.
Share Price | ₹4,090.3 | Dec 24,2024 |
Market Cap | ₹2,617.8 Cr | |
Book Value | ₹285.1 Cr | Dec2023 - Standalone Results |
Price/Book | 9.18x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of FOSECO INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,617.8 Cr] as on Dec 24,2024
(/) Book Value [ ₹285.1 Cr] based on Dec2023 - Standalone Results
(=) P/B Ratio [ 9.18x ]
Thus, for FOSECO INDIA , the investors are currently willing to pay '9.18 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 FOSECO INDIA !
The chart below summarizes the trend in P/B Ratio of FOSECO INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of FOSECO INDIA
PB Ratio Performance Analysis for FOSECO INDIA
- FOSECO INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 5.51x.
- FOSECO INDIA 's operated at median p/b ratio of 4.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FOSECO INDIA 's p/b ratio peaked in Dec2023 at 8.56x.
- FOSECO INDIA 's p/b ratio hit its five-year low in Dec2021 of 4.36x.
How does FOSECO INDIA 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
FOSECO INDIA | 285.12 | 9.18 | 2,617.8 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.99 | 151,055.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.86 | 92,098.1 |
SRF LTD | 11,458.80 | 5.89 | 67,451.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.04 | 47,726.0 |
DEEPAK NITRITE LTD | 4,796.62 | 7.38 | 35,413.8 |
TATA CHEMICALS LTD | 22,241.00 | 1.22 | 27,190.1 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.74 | 37,881.2 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.85 | 15,064.5 |
ATUL LTD | 5,114.34 | 4.06 | 20,756.6 |
VINATI ORGANICS LTD | 2,301.19 | 7.61 | 17,521.6 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs FOSECO INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.22x |
Max industry PB | 27.86x |
Median industry PB | 7.38x |
Average industry PB | 8.80x |
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