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GRASIM INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of GRASIM INDUSTRIES is 1.93.

Share Price ₹2,503.6Nov 19,2024
Market Cap ₹170,395.0 Cr
Book Value₹88,108.6 CrMar2024 - Consolidated Results
Price/Book 1.93xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GRASIM INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of GRASIM INDUSTRIES is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 1.93x.

- 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 ValuePB RatioMarket Cap
GRASIM INDUSTRIES 88,108.601.93170,395.0
3M INDIA LTD2,146.9016.7135,882.7
CENTURY TEXTILES & INDUSTRIES LTD3,967.977.2328,699.7
DCM SHRIRAM LTD6,522.103.1020,214.8
BIRLA CORPORATION LTD6,673.771.298,578.8
SURYA ROSHNI LTD2,145.112.876,155.3
BALMER LAWRIE & COMPANY LTD1,820.802.023,683.4
ASPINWALL AND COMPANY LTD183.261.19218.2
GILLANDERS ARBUTHNOT & COMPANY LTD217.451.02222.6

Diversified Industry Benchmark (Top 10) PB Analysis vs GRASIM INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB 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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