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NITTA GELATIN INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of NITTA GELATIN INDIA is 2.04.

Share Price ₹768.9Dec 26,2024
Market Cap ₹699.7 Cr
Book Value₹343.4 CrMar2024 - Consolidated Results
Price/Book 2.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NITTA GELATIN INDIA

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 NITTA GELATIN INDIA is calculated as :

Current Market Cap [ ₹699.7 Cr] as on Dec 26,2024

(/) Book Value [ ₹343.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.04x ]

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

Thus, for NITTA GELATIN INDIA , the investors are currently willing to pay '2.04 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 NITTA GELATIN INDIA !

The chart below summarizes the trend in P/B Ratio of NITTA GELATIN INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of NITTA GELATIN INDIA


PB Ratio Performance Analysis for NITTA GELATIN INDIA

- NITTA GELATIN INDIA 's latest p/b ratio is 2.04x.

- NITTA GELATIN INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.58x.

- NITTA GELATIN INDIA 's operated at median p/b ratio of 1.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITTA GELATIN INDIA 's p/b ratio peaked in Mar2023 at 3.02x.

- NITTA GELATIN INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.53x.


How does NITTA GELATIN INDIA 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
NITTA GELATIN INDIA 343.432.04699.7
PIDILITE INDUSTRIES LTD8,397.3117.79149,354.0
SOLAR INDUSTRIES INDIA LTD3,305.6027.9792,465.0
SRF LTD11,458.805.8567,027.6
GUJARAT FLUOROCHEMICALS LTD5,936.348.0647,871.5
DEEPAK NITRITE LTD4,796.627.3135,071.4
TATA CHEMICALS LTD22,241.001.2126,965.9
GODREJ INDUSTRIES LTD7,989.074.8038,344.3
AARTI INDUSTRIES LTD5,287.422.8314,975.7
ATUL LTD5,114.344.0920,902.8
VINATI ORGANICS LTD2,301.197.7817,895.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs NITTA GELATIN INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.21x
Max industry PB 27.97x
Median industry PB 5.85x
Average industry PB 8.16x



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