PAR DRUGS AND CHEMICALS
|
The Current P/B Ratio of PAR DRUGS AND CHEMICALS is 3.10.
Share Price | ₹215.8 | Dec 17,2024 |
Market Cap | ₹265.4 Cr | |
Book Value | ₹85.6 Cr | Mar2024 - Standalone Results |
Price/Book | 3.10x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PAR DRUGS AND CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹265.4 Cr] as on Dec 17,2024
(/) Book Value [ ₹85.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.10x ]
Thus, for PAR DRUGS AND CHEMICALS , the investors are currently willing to pay '3.10 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 PAR DRUGS AND CHEMICALS !
The chart below summarizes the trend in P/B Ratio of PAR DRUGS AND CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of PAR DRUGS AND CHEMICALS
PB Ratio Performance Analysis for PAR DRUGS AND CHEMICALS
- PAR DRUGS AND CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.15x.
- PAR DRUGS AND CHEMICALS 's operated at median p/b ratio of 2.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PAR DRUGS AND CHEMICALS 's p/b ratio peaked in Mar2022 at 3.28x.
- PAR DRUGS AND CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.
How does PAR DRUGS AND CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PAR DRUGS AND CHEMICALS | 85.63 | 3.10 | 265.4 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.65 | 156,587.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 28.89 | 95,490.1 |
SRF LTD | 11,458.80 | 5.90 | 67,601.2 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.09 | 48,008.8 |
DEEPAK NITRITE LTD | 4,796.62 | 7.56 | 36,249.9 |
TATA CHEMICALS LTD | 22,241.00 | 1.23 | 27,301.0 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.64 | 37,066.3 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.94 | 15,563.0 |
ATUL LTD | 5,114.34 | 4.22 | 21,576.2 |
VINATI ORGANICS LTD | 2,301.19 | 8.08 | 18,591.9 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs PAR DRUGS AND CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.23x |
Max industry PB | 28.89x |
Median industry PB | 5.90x |
Average industry PB | 8.48x |
You may also like the below Video Courses