LAXMI ORGANIC INDUSTRIES
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The Current P/B Ratio of LAXMI ORGANIC INDUSTRIES is 3.87.
Share Price | ₹248.1 | Nov 22,2024 |
Market Cap | ₹6,863.5 Cr | |
Book Value | ₹1,771.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.87x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of LAXMI ORGANIC INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹6,863.5 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,771.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.87x ]
Thus, for LAXMI ORGANIC INDUSTRIES , the investors are currently willing to pay '3.87 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 LAXMI ORGANIC INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of LAXMI ORGANIC INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of LAXMI ORGANIC INDUSTRIES
PB Ratio Performance Analysis for LAXMI ORGANIC INDUSTRIES
- LAXMI ORGANIC INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.15x.
- LAXMI ORGANIC INDUSTRIES 's operated at median p/b ratio of 4.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAXMI ORGANIC INDUSTRIES 's p/b ratio peaked in Mar2022 at 8.35x.
- LAXMI ORGANIC INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does LAXMI ORGANIC INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LAXMI ORGANIC INDUSTRIES | 1,771.57 | 3.87 | 6,863.5 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.92 | 150,478.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.46 | 90,766.5 |
SRF LTD | 11,458.80 | 5.60 | 64,201.2 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.06 | 41,885.3 |
DEEPAK NITRITE LTD | 4,796.62 | 7.59 | 36,422.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.22 | 27,243.6 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.33 | 34,611.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.95 | 15,617.3 |
ATUL LTD | 5,114.34 | 4.18 | 21,377.7 |
VINATI ORGANICS LTD | 2,301.19 | 8.31 | 19,132.0 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs LAXMI ORGANIC INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.22x |
Max industry PB | 27.46x |
Median industry PB | 5.60x |
Average industry PB | 8.23x |
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