NIKHIL ADHESIVES
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The Current P/B Ratio of NIKHIL ADHESIVES is 3.57.
Share Price | ₹88.6 | Mar 13,2025 |
Market Cap | ₹406.8 Cr | |
Book Value | ₹114.0 Cr | Mar2024 - Standalone Results |
Price/Book | 3.57x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NIKHIL ADHESIVES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹406.8 Cr] as on Mar 13,2025
(/) Book Value [ ₹114.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.57x ]
Thus, for NIKHIL ADHESIVES , the investors are currently willing to pay '3.57 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 NIKHIL ADHESIVES !
The chart below summarizes the trend in P/B Ratio of NIKHIL ADHESIVES over the last five years.
Historical PB (Price/Book ) ratio chart of NIKHIL ADHESIVES
PB Ratio Performance Analysis for NIKHIL ADHESIVES
- NIKHIL ADHESIVES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.42x.
- NIKHIL ADHESIVES 's operated at median p/b ratio of 3.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIKHIL ADHESIVES 's p/b ratio peaked in Mar2024 at 5x.
- NIKHIL ADHESIVES 's p/b ratio hit its five-year low in Mar2020 of 0.98x.
How does NIKHIL ADHESIVES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NIKHIL ADHESIVES | 113.99 | 3.57 | 406.8 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 16.55 | 138,952.0 |
SRF LTD | 11,458.80 | 7.62 | 87,338.6 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.64 | 91,370.1 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.10 | 42,146.7 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.85 | 38,709.6 |
DEEPAK NITRITE LTD | 4,796.62 | 5.54 | 26,561.2 |
TATA CHEMICALS LTD | 22,241.00 | 0.91 | 20,279.9 |
HIMADRI SPECIALITY CHEMICAL LTD | 3,044.34 | 6.51 | 19,815.5 |
NAVIN FLUORINE INTERNATIONAL LTD | 2,363.57 | 8.67 | 20,483.2 |
VINATI ORGANICS LTD | 2,301.19 | 6.99 | 16,090.5 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs NIKHIL ADHESIVES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.91x |
Max industry PB | 27.64x |
Median industry PB | 6.99x |
Average industry PB | 8.72x |
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