GRASIM INDUSTRIES
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The Current P/B Ratio of GRASIM INDUSTRIES is 1.93.
Share Price | ₹2,503.6 | Nov 19,2024 |
Market Cap | ₹170,395.0 Cr | |
Book Value | ₹88,108.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.93x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GRASIM INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹170,395.0 Cr] as on Nov 19,2024
(/) Book Value [ ₹88,108.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.93x ]
Thus, for GRASIM INDUSTRIES , the investors are currently willing to pay '1.93 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 GRASIM INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of GRASIM INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of GRASIM INDUSTRIES
PB Ratio Performance Analysis for GRASIM INDUSTRIES
- GRASIM INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.31x.
- GRASIM INDUSTRIES 's operated at median p/b ratio of 1.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRASIM INDUSTRIES 's p/b ratio peaked in Mar2024 at 1.72x.
- GRASIM INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does GRASIM INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Diversified Industry?
Peer Comparison (Diversified Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GRASIM INDUSTRIES | 88,108.60 | 1.93 | 170,395.0 |
3M INDIA LTD | 2,146.90 | 16.71 | 35,882.7 |
CENTURY TEXTILES & INDUSTRIES LTD | 3,967.97 | 7.23 | 28,699.7 |
DCM SHRIRAM LTD | 6,522.10 | 3.10 | 20,214.8 |
BIRLA CORPORATION LTD | 6,673.77 | 1.29 | 8,578.8 |
SURYA ROSHNI LTD | 2,145.11 | 2.87 | 6,155.3 |
BALMER LAWRIE & COMPANY LTD | 1,820.80 | 2.02 | 3,683.4 |
ASPINWALL AND COMPANY LTD | 183.26 | 1.19 | 218.2 |
GILLANDERS ARBUTHNOT & COMPANY LTD | 217.45 | 1.02 | 222.6 |
Diversified Industry Benchmark (Top 10) PB Analysis vs GRASIM INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.02x |
Max industry PB | 16.71x |
Median industry PB | 2.02x |
Average industry PB | 4.15x |
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