INDIAN TONERS & DEVELOPERS
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The Current P/B Ratio of INDIAN TONERS & DEVELOPERS is 1.76.
Share Price | ₹338.1 | Sep 06,2024 |
Market Cap | ₹368.5 Cr | |
Book Value | ₹209.6 Cr | Mar2024 - Standalone Results |
Price/Book | 1.76x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDIAN TONERS & DEVELOPERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹368.5 Cr] as on Sep 06,2024
(/) Book Value [ ₹209.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.76x ]
Thus, for INDIAN TONERS & DEVELOPERS , the investors are currently willing to pay '1.76 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 INDIAN TONERS & DEVELOPERS !
The chart below summarizes the trend in P/B Ratio of INDIAN TONERS & DEVELOPERS over the last five years.
Historical PB (Price/Book ) ratio chart of INDIAN TONERS & DEVELOPERS
PB Ratio Performance Analysis for INDIAN TONERS & DEVELOPERS
- INDIAN TONERS & DEVELOPERS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.97x.
- INDIAN TONERS & DEVELOPERS 's operated at median p/b ratio of 1.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN TONERS & DEVELOPERS 's p/b ratio peaked in Mar2024 at 1.35x.
- INDIAN TONERS & DEVELOPERS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.
How does INDIAN TONERS & DEVELOPERS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDIAN TONERS & DEVELOPERS | 209.57 | 1.76 | 368.5 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 19.60 | 164,600.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 30.11 | 99,541.3 |
SRF LTD | 11,458.80 | 6.49 | 74,396.7 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.05 | 41,846.3 |
DEEPAK NITRITE LTD | 4,796.62 | 8.33 | 39,967.9 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,918.8 |
GODREJ INDUSTRIES LTD | 7,989.07 | 5.11 | 40,807.6 |
AARTI INDUSTRIES LTD | 5,287.42 | 4.15 | 21,926.8 |
ATUL LTD | 5,114.34 | 4.54 | 23,225.4 |
VINATI ORGANICS LTD | 2,301.19 | 8.69 | 19,996.1 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs INDIAN TONERS & DEVELOPERS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.21x |
Max industry PB | 30.11x |
Median industry PB | 6.49x |
Average industry PB | 8.82x |
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