GUJARAT FLUOROCHEMICALS
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The Current P/B Ratio of GUJARAT FLUOROCHEMICALS is 7.05.
Share Price | ₹3,809.4 | Sep 06,2024 |
Market Cap | ₹41,865.3 Cr | |
Book Value | ₹5,936.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.05x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GUJARAT FLUOROCHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹41,865.3 Cr] as on Sep 06,2024
(/) Book Value [ ₹5,936.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.05x ]
Thus, for GUJARAT FLUOROCHEMICALS , the investors are currently willing to pay '7.05 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 GUJARAT FLUOROCHEMICALS !
The chart below summarizes the trend in P/B Ratio of GUJARAT FLUOROCHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of GUJARAT FLUOROCHEMICALS
PB Ratio Performance Analysis for GUJARAT FLUOROCHEMICALS
- GUJARAT FLUOROCHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.30x.
- GUJARAT FLUOROCHEMICALS 's operated at median p/b ratio of 5.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT FLUOROCHEMICALS 's p/b ratio peaked in Mar2022 at 7.1x.
- GUJARAT FLUOROCHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.86x.
How does GUJARAT FLUOROCHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GUJARAT FLUOROCHEMICALS | 5,936.34 | 7.05 | 41,865.3 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 19.60 | 164,600.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 30.11 | 99,541.3 |
SRF LTD | 11,458.80 | 6.49 | 74,396.7 |
DEEPAK NITRITE LTD | 4,796.62 | 8.33 | 39,967.9 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,918.8 |
GODREJ INDUSTRIES LTD | 7,989.07 | 5.11 | 40,807.6 |
AARTI INDUSTRIES LTD | 5,287.42 | 4.15 | 21,926.8 |
ATUL LTD | 5,114.34 | 4.54 | 23,225.4 |
VINATI ORGANICS LTD | 2,301.19 | 8.69 | 19,996.1 |
HIMADRI SPECIALITY CHEMICAL LTD | 3,044.34 | 8.58 | 26,134.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs GUJARAT FLUOROCHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.21x |
Max industry PB | 30.11x |
Median industry PB | 7.05x |
Average industry PB | 9.44x |
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