KIRI INDUSTRIES
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The Current P/B Ratio of KIRI INDUSTRIES is 1.05.
Share Price | ₹531.3 | Nov 19,2024 |
Market Cap | ₹2,953.8 Cr | |
Book Value | ₹2,811.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.05x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of KIRI INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,953.8 Cr] as on Nov 19,2024
(/) Book Value [ ₹2,811.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.05x ]
Thus, for KIRI INDUSTRIES , the investors are currently willing to pay '1.05 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 KIRI INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of KIRI INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of KIRI INDUSTRIES
PB Ratio Performance Analysis for KIRI INDUSTRIES
- KIRI INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.64x.
- KIRI INDUSTRIES 's operated at median p/b ratio of 0.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KIRI INDUSTRIES 's p/b ratio peaked in Mar2022 at 0.99x.
- KIRI INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.47x.
How does KIRI INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?
Peer Comparison (Dyes & Pigments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
KIRI INDUSTRIES | 2,811.72 | 1.05 | 2,953.8 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 1,144.41 | 5.69 | 6,515.3 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 280.23 | 8.71 | 2,439.6 |
BODAL CHEMICALS LTD | 1,081.32 | 0.84 | 913.2 |
BHAGERIA INDUSTRIES LTD | 522.44 | 1.67 | 872.9 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 473.60 | 1.85 | 878.0 |
ASAHI SONGWON COLORS LTD | 235.59 | 1.92 | 452.5 |
PODDAR PIGMENTS LTD | 348.40 | 1.11 | 385.1 |
DYNEMIC PRODUCTS LTD | 196.85 | 2.77 | 546.0 |
VIPUL ORGANICS LTD | 57.42 | 5.80 | 332.9 |
AKSHARCHEM (INDIA) LTD | 259.19 | 0.93 | 241.4 |
Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs KIRI INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.84x |
Max industry PB | 8.71x |
Median industry PB | 1.85x |
Average industry PB | 2.94x |
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