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KANORIA CHEMICALS & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of KANORIA CHEMICALS & INDUSTRIES is 0.83.

Share Price ₹114.7Dec 27,2024
Market Cap ₹501.0 Cr
Book Value₹601.3 CrMar2024 - Consolidated Results
Price/Book 0.83xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KANORIA CHEMICALS & INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of KANORIA CHEMICALS & INDUSTRIES is calculated as :

Current Market Cap [ ₹501.0 Cr] as on Dec 27,2024

(/) Book Value [ ₹601.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 0.83x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for KANORIA CHEMICALS & INDUSTRIES , the investors are currently willing to pay '0.83 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 KANORIA CHEMICALS & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of KANORIA CHEMICALS & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of KANORIA CHEMICALS & INDUSTRIES


PB Ratio Performance Analysis for KANORIA CHEMICALS & INDUSTRIES

- KANORIA CHEMICALS & INDUSTRIES 's latest p/b ratio is 0.83x.

- KANORIA CHEMICALS & INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.68x.

- KANORIA CHEMICALS & INDUSTRIES 's operated at median p/b ratio of 0.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KANORIA CHEMICALS & INDUSTRIES 's p/b ratio peaked in Mar2022 at 0.99x.

- KANORIA CHEMICALS & INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.18x.


How does KANORIA CHEMICALS & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
KANORIA CHEMICALS & INDUSTRIES 601.270.83501.0
PIDILITE INDUSTRIES LTD8,397.3117.63148,067.0
SOLAR INDUSTRIES INDIA LTD3,305.6027.8592,067.3
SRF LTD11,458.805.8566,990.5
GUJARAT FLUOROCHEMICALS LTD5,936.348.1448,294.4
DEEPAK NITRITE LTD4,796.627.3435,186.7
TATA CHEMICALS LTD22,241.001.2026,667.9
GODREJ INDUSTRIES LTD7,989.074.7638,047.9
AARTI INDUSTRIES LTD5,287.422.8214,912.3
ATUL LTD5,114.344.0720,791.9
VINATI ORGANICS LTD2,301.197.9018,176.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs KANORIA CHEMICALS & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 27.85x
Median industry PB 5.85x
Average industry PB 8.03x



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