HERANBA INDUSTRIES
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The Current P/B Ratio of HERANBA INDUSTRIES is 2.30.
Share Price | ₹484.5 | Dec 11,2024 |
Market Cap | ₹1,937.8 Cr | |
Book Value | ₹843.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.30x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HERANBA INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HERANBA INDUSTRIES | 843.06 | 2.30 | 1,937.8 |
PI INDUSTRIES LTD | 8,732.70 | 7.13 | 62,265.1 |
UPL LTD | 24,787.00 | 1.88 | 46,583.2 |
BAYER CROPSCIENCE LTD | 2,849.40 | 9.94 | 28,334.6 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 10.91 | 26,636.9 |
BASF INDIA LTD | 3,220.08 | 7.54 | 24,289.3 |
RALLIS INDIA LTD | 1,829.49 | 3.48 | 6,369.8 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.94 | 7,458.7 |
BHARAT RASAYAN LTD | 987.88 | 4.72 | 4,666.1 |
SHARDA CROPCHEM LTD | 2,237.12 | 3.37 | 7,548.8 |
INDIA PESTICIDES LTD | 824.91 | 2.76 | 2,279.1 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs HERANBA INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB 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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