HIMADRI SPECIALITY CHEMICAL
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The Current P/B Ratio of HIMADRI SPECIALITY CHEMICAL is 7.81.
Share Price | ₹481.4 | Nov 21,2024 |
Market Cap | ₹23,766.7 Cr | |
Book Value | ₹3,044.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.81x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HIMADRI SPECIALITY CHEMICAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HIMADRI SPECIALITY CHEMICAL | 3,044.34 | 7.81 | 23,766.7 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.79 | 149,420.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.28 | 90,193.2 |
SRF LTD | 11,458.80 | 5.54 | 63,501.6 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.09 | 42,112.1 |
DEEPAK NITRITE LTD | 4,796.62 | 7.45 | 35,738.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.20 | 26,606.8 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.22 | 33,703.8 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.92 | 15,430.6 |
ATUL LTD | 5,114.34 | 4.18 | 21,354.8 |
VINATI ORGANICS LTD | 2,301.19 | 8.06 | 18,543.7 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs HIMADRI SPECIALITY CHEMICAL 's P/B Ratio
Top 10 Industry Peers | PB 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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