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HERANBA INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of HERANBA INDUSTRIES is 2.30.

Share Price ₹484.5Dec 11,2024
Market Cap ₹1,937.8 Cr
Book Value₹843.1 CrMar2024 - Consolidated Results
Price/Book 2.30xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HERANBA 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 HERANBA INDUSTRIES is calculated as :

Current Market Cap [ ₹1,937.8 Cr] as on Dec 11,2024

(/) Book Value [ ₹843.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.30x ]

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

Thus, for HERANBA INDUSTRIES , the investors are currently willing to pay '2.30 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 HERANBA INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of HERANBA INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of HERANBA INDUSTRIES


PB Ratio Performance Analysis for HERANBA INDUSTRIES

- HERANBA INDUSTRIES 's latest p/b ratio is 2.30x.

- HERANBA INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 1.37x.

- HERANBA INDUSTRIES 's operated at median p/b ratio of 1.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, HERANBA INDUSTRIES 's p/b ratio peaked in Mar2023 at 1.38x.

- HERANBA INDUSTRIES 's p/b ratio hit its five-year low in Mar2024 of 1.35x.


How does HERANBA INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
HERANBA INDUSTRIES 843.062.301,937.8
PI INDUSTRIES LTD8,732.707.1362,265.1
UPL LTD24,787.001.8846,583.2
BAYER CROPSCIENCE LTD2,849.409.9428,334.6
SUMITOMO CHEMICAL INDIA LTD2,441.5110.9126,636.9
BASF INDIA LTD3,220.087.5424,289.3
RALLIS INDIA LTD1,829.493.486,369.8
DHANUKA AGRITECH LTD1,255.875.947,458.7
BHARAT RASAYAN LTD987.884.724,666.1
SHARDA CROPCHEM LTD2,237.123.377,548.8
INDIA PESTICIDES LTD824.912.762,279.1

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs HERANBA INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.88x
Max industry PB 10.91x
Median industry PB 4.72x
Average industry PB 5.45x



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