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NOVA AGRITECH
PB (Price/Book ) Ratio

The Current P/B Ratio of NOVA AGRITECH is 2.50.

Share Price ₹52.3Feb 21,2025
Market Cap ₹483.4 Cr
Book Value₹193.1 CrMar2024 - Consolidated Results
Price/Book 2.50xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NOVA AGRITECH

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 NOVA AGRITECH is calculated as :

Current Market Cap [ ₹483.4 Cr] as on Feb 21,2025

(/) Book Value [ ₹193.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.50x ]

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

Thus, for NOVA AGRITECH , the investors are currently willing to pay '2.50 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 NOVA AGRITECH !

The chart below summarizes the trend in P/B Ratio of NOVA AGRITECH over the last five years.

Historical PB (Price/Book ) ratio chart of NOVA AGRITECH


PB Ratio Performance Analysis for NOVA AGRITECH

- NOVA AGRITECH 's latest p/b ratio is 2.50x.

- NOVA AGRITECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.47x.

- NOVA AGRITECH 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NOVA AGRITECH 's p/b ratio peaked in Mar2024 at 2.36x.

- NOVA AGRITECH 's p/b ratio hit its five-year low in Mar2023 of 0x.


How does NOVA AGRITECH 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
NOVA AGRITECH 193.102.50483.4
UPL LTD24,787.002.2054,580.0
PI INDUSTRIES LTD8,732.705.4747,731.3
SUMITOMO CHEMICAL INDIA LTD2,441.5110.1224,705.2
BAYER CROPSCIENCE LTD2,849.407.6221,719.2
BASF INDIA LTD3,220.005.9219,059.1
DHANUKA AGRITECH LTD1,255.874.886,130.5
SHARDA CROPCHEM LTD2,237.122.144,796.6
BHARAT RASAYAN LTD987.884.334,273.1
RALLIS INDIA LTD1,829.492.324,247.2
BHAGIRADHA CHEMICALS & INDUSTRIES LTD328.6011.443,760.4

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs NOVA AGRITECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.14x
Max industry PB 11.44x
Median industry PB 4.88x
Average industry PB 5.36x



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