LORDS CHLORO ALKALI
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The Current P/B Ratio of LORDS CHLORO ALKALI is 2.62.
Share Price | ₹171.1 | Dec 18,2024 |
Market Cap | ₹431.2 Cr | |
Book Value | ₹164.5 Cr | Mar2024 - Standalone Results |
Price/Book | 2.62x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of LORDS CHLORO ALKALI
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹431.2 Cr] as on Dec 18,2024
(/) Book Value [ ₹164.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.62x ]
Thus, for LORDS CHLORO ALKALI , the investors are currently willing to pay '2.62 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 LORDS CHLORO ALKALI !
The chart below summarizes the trend in P/B Ratio of LORDS CHLORO ALKALI over the last five years.
Historical PB (Price/Book ) ratio chart of LORDS CHLORO ALKALI
PB Ratio Performance Analysis for LORDS CHLORO ALKALI
- LORDS CHLORO ALKALI 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.48x.
- LORDS CHLORO ALKALI 's operated at median p/b ratio of 1.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LORDS CHLORO ALKALI 's p/b ratio peaked in Mar2023 at 2.17x.
- LORDS CHLORO ALKALI 's p/b ratio hit its five-year low in Mar2020 of 0.53x.
How does LORDS CHLORO ALKALI 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LORDS CHLORO ALKALI | 164.49 | 2.62 | 431.2 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.53 | 155,577.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 28.27 | 93,462.6 |
SRF LTD | 11,458.80 | 5.87 | 67,275.1 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.99 | 47,442.6 |
DEEPAK NITRITE LTD | 4,796.62 | 7.48 | 35,899.3 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,934.1 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.86 | 38,817.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.89 | 15,289.2 |
ATUL LTD | 5,114.34 | 4.26 | 21,786.9 |
VINATI ORGANICS LTD | 2,301.19 | 7.94 | 18,268.0 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs LORDS CHLORO ALKALI 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.21x |
Max industry PB | 28.27x |
Median industry PB | 5.87x |
Average industry PB | 8.36x |
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