INDIGO PAINTS
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The Current P/B Ratio of INDIGO PAINTS is 6.72.
Share Price | ₹1,274.1 | Feb 06,2025 |
Market Cap | ₹6,064.7 Cr | |
Book Value | ₹902.2 Cr | Mar2024 - Standalone Results |
Price/Book | 6.72x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDIGO PAINTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹6,064.7 Cr] as on Feb 06,2025
(/) Book Value [ ₹902.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.72x ]
Thus, for INDIGO PAINTS , the investors are currently willing to pay '6.72 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 INDIGO PAINTS !
The chart below summarizes the trend in P/B Ratio of INDIGO PAINTS over the last five years.
Historical PB (Price/Book ) ratio chart of INDIGO PAINTS
PB Ratio Performance Analysis for INDIGO PAINTS
- INDIGO PAINTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.97x.
- INDIGO PAINTS 's operated at median p/b ratio of 6.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIGO PAINTS 's p/b ratio peaked in Mar2021 at 20.19x.
- INDIGO PAINTS 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does INDIGO PAINTS 's P/B Ratio benchmark against top 10 peers in Paints Industry?
Peer Comparison (Paints Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDIGO PAINTS | 902.17 | 6.72 | 6,064.7 |
ASIAN PAINTS LTD | 18,680.00 | 11.62 | 217,100.0 |
BERGER PAINTS INDIA LTD | 5,373.85 | 10.33 | 55,490.8 |
KANSAI NEROLAC PAINTS LTD | 5,566.70 | 3.69 | 20,553.8 |
AKZO NOBEL INDIA LTD | 1,329.90 | 12.43 | 16,524.1 |
SHALIMAR PAINTS LTD | 391.27 | 2.90 | 1,135.1 |
Paints Industry Benchmark (Top 10) PB Analysis vs INDIGO PAINTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.90x |
Max industry PB | 12.43x |
Median industry PB | 10.33x |
Average industry PB | 7.95x |
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