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HIMADRI SPECIALITY CHEMICAL
PB (Price/Book ) Ratio

The Current P/B Ratio of HIMADRI SPECIALITY CHEMICAL is 7.81.

Share Price ₹481.4Nov 21,2024
Market Cap ₹23,766.7 Cr
Book Value₹3,044.3 CrMar2024 - Consolidated Results
Price/Book 7.81xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HIMADRI SPECIALITY CHEMICAL

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 HIMADRI SPECIALITY CHEMICAL is calculated as :

Current Market Cap [ ₹23,766.7 Cr] as on Nov 21,2024

(/) Book Value [ ₹3,044.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.81x ]

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

Thus, for HIMADRI SPECIALITY CHEMICAL , the investors are currently willing to pay '7.81 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 HIMADRI SPECIALITY CHEMICAL !

The chart below summarizes the trend in P/B Ratio of HIMADRI SPECIALITY CHEMICAL over the last five years.

Historical PB (Price/Book ) ratio chart of HIMADRI SPECIALITY CHEMICAL


PB Ratio Performance Analysis for HIMADRI SPECIALITY CHEMICAL

- HIMADRI SPECIALITY CHEMICAL 's latest p/b ratio is 7.81x.

- HIMADRI SPECIALITY CHEMICAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.00x.

- HIMADRI SPECIALITY CHEMICAL 's operated at median p/b ratio of 1.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIMADRI SPECIALITY CHEMICAL 's p/b ratio peaked in Mar2024 at 4.88x.

- HIMADRI SPECIALITY CHEMICAL 's p/b ratio hit its five-year low in Mar2020 of 0.72x.


How does HIMADRI SPECIALITY CHEMICAL 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
HIMADRI SPECIALITY CHEMICAL 3,044.347.8123,766.7
PIDILITE INDUSTRIES LTD8,397.3117.79149,420.0
SOLAR INDUSTRIES INDIA LTD3,305.6027.2890,193.2
SRF LTD11,458.805.5463,501.6
GUJARAT FLUOROCHEMICALS LTD5,936.347.0942,112.1
DEEPAK NITRITE LTD4,796.627.4535,738.4
TATA CHEMICALS LTD22,241.001.2026,606.8
GODREJ INDUSTRIES LTD7,989.074.2233,703.8
AARTI INDUSTRIES LTD5,287.422.9215,430.6
ATUL LTD5,114.344.1821,354.8
VINATI ORGANICS LTD2,301.198.0618,543.7

Chemicals Industry Benchmark (Top 10) PB Analysis vs HIMADRI SPECIALITY CHEMICAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.20x
Max industry PB 27.28x
Median industry PB 7.09x
Average industry PB 8.50x



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