NOVA AGRITECH
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The Current P/B Ratio of NOVA AGRITECH is 2.50.
Share Price | ₹52.3 | Feb 21,2025 |
Market Cap | ₹483.4 Cr | |
Book Value | ₹193.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.50x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NOVA AGRITECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
NOVA AGRITECH | 193.10 | 2.50 | 483.4 |
UPL LTD | 24,787.00 | 2.20 | 54,580.0 |
PI INDUSTRIES LTD | 8,732.70 | 5.47 | 47,731.3 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 10.12 | 24,705.2 |
BAYER CROPSCIENCE LTD | 2,849.40 | 7.62 | 21,719.2 |
BASF INDIA LTD | 3,220.00 | 5.92 | 19,059.1 |
DHANUKA AGRITECH LTD | 1,255.87 | 4.88 | 6,130.5 |
SHARDA CROPCHEM LTD | 2,237.12 | 2.14 | 4,796.6 |
BHARAT RASAYAN LTD | 987.88 | 4.33 | 4,273.1 |
RALLIS INDIA LTD | 1,829.49 | 2.32 | 4,247.2 |
BHAGIRADHA CHEMICALS & INDUSTRIES LTD | 328.60 | 11.44 | 3,760.4 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs NOVA AGRITECH 's P/B Ratio
Top 10 Industry Peers | PB 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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