JUBILANT INDUSTRIES
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The Current P/B Ratio of JUBILANT INDUSTRIES is 18.33.
Share Price | ₹1,639.1 | Oct 25,2024 |
Market Cap | ₹4,196.0 Cr | |
Book Value | ₹228.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 18.33x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of JUBILANT INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,196.0 Cr] as on Oct 25,2024
(/) Book Value [ ₹228.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 18.33x ]
Thus, for JUBILANT INDUSTRIES , the investors are currently willing to pay '18.33 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 JUBILANT INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of JUBILANT INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of JUBILANT INDUSTRIES
PB Ratio Performance Analysis for JUBILANT INDUSTRIES
- JUBILANT INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.05x.
- JUBILANT INDUSTRIES 's operated at median p/b ratio of 3.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JUBILANT INDUSTRIES 's p/b ratio peaked in Mar2024 at 7.66x.
- JUBILANT INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.29x.
How does JUBILANT INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JUBILANT INDUSTRIES | 228.93 | 18.33 | 4,196.0 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 19.06 | 160,071.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.99 | 92,515.2 |
SRF LTD | 11,458.80 | 5.80 | 66,502.9 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.95 | 47,221.2 |
DEEPAK NITRITE LTD | 4,796.62 | 7.49 | 35,943.0 |
TATA CHEMICALS LTD | 22,241.00 | 1.32 | 29,263.8 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.37 | 34,916.1 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.51 | 18,537.4 |
ATUL LTD | 5,114.34 | 4.52 | 23,122.4 |
VINATI ORGANICS LTD | 2,301.19 | 8.91 | 20,500.4 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs JUBILANT INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.32x |
Max industry PB | 27.99x |
Median industry PB | 7.49x |
Average industry PB | 9.93x |
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