INDO BORAX & CHEMICALS
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The Current P/B Ratio of INDO BORAX & CHEMICALS is 1.78.
Share Price | ₹163.2 | Jan 14,2025 |
Market Cap | ₹523.7 Cr | |
Book Value | ₹293.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.78x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDO BORAX & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹523.7 Cr] as on Jan 14,2025
(/) Book Value [ ₹293.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.78x ]
Thus, for INDO BORAX & CHEMICALS , the investors are currently willing to pay '1.78 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 INDO BORAX & CHEMICALS !
The chart below summarizes the trend in P/B Ratio of INDO BORAX & CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of INDO BORAX & CHEMICALS
PB Ratio Performance Analysis for INDO BORAX & CHEMICALS
- INDO BORAX & CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.37x.
- INDO BORAX & CHEMICALS 's operated at median p/b ratio of 1.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDO BORAX & CHEMICALS 's p/b ratio peaked in Mar2022 at 2.22x.
- INDO BORAX & CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.36x.
How does INDO BORAX & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDO BORAX & CHEMICALS | 293.41 | 1.78 | 523.7 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.01 | 142,879.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 25.18 | 83,239.5 |
SRF LTD | 11,458.80 | 6.49 | 74,396.7 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.78 | 40,277.6 |
DEEPAK NITRITE LTD | 4,796.62 | 6.66 | 31,943.2 |
TATA CHEMICALS LTD | 22,241.00 | 1.11 | 24,589.1 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.03 | 32,232.2 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.81 | 14,837.9 |
ATUL LTD | 5,114.34 | 3.88 | 19,824.5 |
VINATI ORGANICS LTD | 2,301.19 | 7.35 | 16,920.3 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs INDO BORAX & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.11x |
Max industry PB | 25.18x |
Median industry PB | 6.49x |
Average industry PB | 7.55x |
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