INDIA PESTICIDES
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The Current P/B Ratio of INDIA PESTICIDES is 2.52.
Share Price | ₹180.7 | Nov 22,2024 |
Market Cap | ₹2,081.1 Cr | |
Book Value | ₹824.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.52x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDIA PESTICIDES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,081.1 Cr] as on Nov 22,2024
(/) Book Value [ ₹824.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.52x ]
Thus, for INDIA PESTICIDES , the investors are currently willing to pay '2.52 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 INDIA PESTICIDES !
The chart below summarizes the trend in P/B Ratio of INDIA PESTICIDES over the last five years.
Historical PB (Price/Book ) ratio chart of INDIA PESTICIDES
PB Ratio Performance Analysis for INDIA PESTICIDES
- INDIA PESTICIDES 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.70x.
- INDIA PESTICIDES 's operated at median p/b ratio of 3.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, INDIA PESTICIDES 's p/b ratio peaked in Mar2022 at 4.86x.
- INDIA PESTICIDES 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does INDIA PESTICIDES 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDIA PESTICIDES | 824.91 | 2.52 | 2,081.1 |
PI INDUSTRIES LTD | 8,732.70 | 7.15 | 62,434.3 |
UPL LTD | 24,787.00 | 1.71 | 42,491.9 |
BAYER CROPSCIENCE LTD | 2,849.40 | 9.03 | 25,738.1 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 10.51 | 25,653.6 |
BASF INDIA LTD | 3,220.08 | 7.58 | 24,395.3 |
RALLIS INDIA LTD | 1,829.49 | 3.38 | 6,179.3 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.38 | 6,752.4 |
BHARAT RASAYAN LTD | 987.88 | 4.95 | 4,891.9 |
SHARDA CROPCHEM LTD | 2,237.12 | 3.24 | 7,243.4 |
ASTEC LIFESCIENCES LTD | 368.91 | 5.64 | 2,080.1 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs INDIA PESTICIDES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.71x |
Max industry PB | 10.51x |
Median industry PB | 5.38x |
Average industry PB | 5.55x |
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