MITSU CHEM PLAST
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The Current P/B Ratio of MITSU CHEM PLAST is 1.73.
Share Price | ₹101.0 | Jan 28,2025 |
Market Cap | ₹137.4 Cr | |
Book Value | ₹79.4 Cr | Mar2024 - Standalone Results |
Price/Book | 1.73x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MITSU CHEM PLAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹137.4 Cr] as on Jan 28,2025
(/) Book Value [ ₹79.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.73x ]
Thus, for MITSU CHEM PLAST , the investors are currently willing to pay '1.73 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 MITSU CHEM PLAST !
The chart below summarizes the trend in P/B Ratio of MITSU CHEM PLAST over the last five years.
Historical PB (Price/Book ) ratio chart of MITSU CHEM PLAST
PB Ratio Performance Analysis for MITSU CHEM PLAST
- MITSU CHEM PLAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.44x.
- MITSU CHEM PLAST 's operated at median p/b ratio of 2.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MITSU CHEM PLAST 's p/b ratio peaked in Mar2022 at 5.95x.
- MITSU CHEM PLAST 's p/b ratio hit its five-year low in Mar2024 of 2.36x.
How does MITSU CHEM PLAST 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MITSU CHEM PLAST | 79.38 | 1.73 | 137.4 |
ASTRAL LTD | 3,186.50 | 12.40 | 39,520.2 |
SUPREME INDUSTRIES LTD | 5,108.83 | 9.00 | 45,965.3 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.20 | 12,406.4 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 5.61 | 6,378.6 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 2.57 | 3,962.5 |
EPL LTD | 2,054.60 | 3.26 | 6,706.1 |
JAI CORP LTD | 1,486.14 | 1.52 | 2,259.6 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.26 | 8,318.1 |
GARWARE HITECH FILMS LTD | 2,044.80 | 3.91 | 7,992.3 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.86 | 4,615.4 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs MITSU CHEM PLAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.86x |
Max industry PB | 12.40x |
Median industry PB | 3.26x |
Average industry PB | 4.21x |
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