HINDUSTAN ORGANIC CHEMICALS
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The Current P/B Ratio of HINDUSTAN ORGANIC CHEMICALS is -4.42.
Share Price | ₹33.8 | Jan 28,2025 |
Market Cap | ₹227.4 Cr | |
Book Value | ₹-51.4 Cr | Mar2024 - Consolidated Results |
Price/Book | -4.42x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN ORGANIC CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹227.4 Cr] as on Jan 28,2025
(/) Book Value [ ₹-51.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -4.42x ]
Thus, for HINDUSTAN ORGANIC CHEMICALS , the investors are currently willing to pay '-4.42 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 HINDUSTAN ORGANIC CHEMICALS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN ORGANIC CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of HINDUSTAN ORGANIC CHEMICALS
PB Ratio Performance Analysis for HINDUSTAN ORGANIC CHEMICALS
- HINDUSTAN ORGANIC CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.60x.
- HINDUSTAN ORGANIC CHEMICALS 's operated at median p/b ratio of -0.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN ORGANIC CHEMICALS 's p/b ratio peaked in Mar2020 at 3.87x.
- HINDUSTAN ORGANIC CHEMICALS 's p/b ratio hit its five-year low in Mar2021 of -0.29x.
How does HINDUSTAN ORGANIC CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HINDUSTAN ORGANIC CHEMICALS | -51.43 | -4.42 | 227.4 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.35 | 145,669.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 25.33 | 83,727.3 |
SRF LTD | 11,458.80 | 6.73 | 77,070.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.19 | 36,734.4 |
DEEPAK NITRITE LTD | 4,796.62 | 6.24 | 29,912.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.08 | 23,981.5 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.51 | 28,051.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.81 | 14,879.6 |
ATUL LTD | 5,114.34 | 3.59 | 18,342.4 |
VINATI ORGANICS LTD | 2,301.19 | 7.21 | 16,598.4 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN ORGANIC CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -4.42x |
Max industry PB | 25.33x |
Median industry PB | 6.19x |
Average industry PB | 6.87x |
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