Home > PB Ratio > PANAMA PETROCHEM

PANAMA PETROCHEM
PB (Price/Book ) Ratio

The Current P/B Ratio of PANAMA PETROCHEM is 1.79.

Share Price ₹326.6Nov 22,2024
Market Cap ₹1,975.6 Cr
Book Value₹1,102.7 CrMar2024 - Consolidated Results
Price/Book 1.79xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for PANAMA PETROCHEM
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of PANAMA PETROCHEM

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 PANAMA PETROCHEM is calculated as :

Current Market Cap [ ₹1,975.6 Cr] as on Nov 22,2024

(/) Book Value [ ₹1,102.7 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.79x ]

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

Thus, for PANAMA PETROCHEM , the investors are currently willing to pay '1.79 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 PANAMA PETROCHEM !

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

Historical PB (Price/Book ) ratio chart of PANAMA PETROCHEM


PB Ratio Performance Analysis for PANAMA PETROCHEM

- PANAMA PETROCHEM 's latest p/b ratio is 1.79x.

- PANAMA PETROCHEM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.55x.

- PANAMA PETROCHEM 's operated at median p/b ratio of 1.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANAMA PETROCHEM 's p/b ratio peaked in Mar2022 at 2.09x.

- PANAMA PETROCHEM 's p/b ratio hit its five-year low in Mar2020 of 0.42x.


How does PANAMA PETROCHEM 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Book ValuePB RatioMarket Cap
PANAMA PETROCHEM 1,102.711.791,975.6
CASTROL INDIA LTD2,042.749.6119,639.0
GULF OIL LUBRICANTS INDIA LTD1,284.693.925,042.0
SAVITA OIL TECHNOLOGIES LTD1,621.722.023,278.6
TIDE WATER OIL COMPANY (INDIA) LTD827.493.622,999.6
GP PETROLEUMS LTD303.311.03313.5

Lubricants Industry Benchmark (Top 10) PB Analysis vs PANAMA PETROCHEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.03x
Max industry PB 9.61x
Median industry PB 3.62x
Average industry PB 3.67x



You may also like the below Video Courses