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NIKHIL ADHESIVES
PB (Price/Book ) Ratio

The Current P/B Ratio of NIKHIL ADHESIVES is 3.57.

Share Price ₹88.6Mar 13,2025
Market Cap ₹406.8 Cr
Book Value₹114.0 CrMar2024 - Standalone Results
Price/Book 3.57xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NIKHIL ADHESIVES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of NIKHIL ADHESIVES is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 3.57x.

- 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 ValuePB RatioMarket Cap
NIKHIL ADHESIVES 113.993.57406.8
PIDILITE INDUSTRIES LTD8,397.3116.55138,952.0
SRF LTD11,458.807.6287,338.6
SOLAR INDUSTRIES INDIA LTD3,305.6027.6491,370.1
GUJARAT FLUOROCHEMICALS LTD5,936.347.1042,146.7
GODREJ INDUSTRIES LTD7,989.074.8538,709.6
DEEPAK NITRITE LTD4,796.625.5426,561.2
TATA CHEMICALS LTD22,241.000.9120,279.9
HIMADRI SPECIALITY CHEMICAL LTD3,044.346.5119,815.5
NAVIN FLUORINE INTERNATIONAL LTD2,363.578.6720,483.2
VINATI ORGANICS LTD2,301.196.9916,090.5

Chemicals Industry Benchmark (Top 10) PB Analysis vs NIKHIL ADHESIVES 's P/B Ratio

Top 10 Industry PeersPB 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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