NITTA GELATIN INDIA
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The Current P/B Ratio of NITTA GELATIN INDIA is 2.04.
Share Price | ₹768.9 | Dec 26,2024 |
Market Cap | ₹699.7 Cr | |
Book Value | ₹343.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.04x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NITTA GELATIN INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
NITTA GELATIN INDIA | 343.43 | 2.04 | 699.7 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.79 | 149,354.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.97 | 92,465.0 |
SRF LTD | 11,458.80 | 5.85 | 67,027.6 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.06 | 47,871.5 |
DEEPAK NITRITE LTD | 4,796.62 | 7.31 | 35,071.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.21 | 26,965.9 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.80 | 38,344.3 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.83 | 14,975.7 |
ATUL LTD | 5,114.34 | 4.09 | 20,902.8 |
VINATI ORGANICS LTD | 2,301.19 | 7.78 | 17,895.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs NITTA GELATIN INDIA 's P/B Ratio
Top 10 Industry Peers | PB 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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