PLASTIBLENDS INDIA
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The Current P/B Ratio of PLASTIBLENDS INDIA is 1.57.
Share Price | ₹244.5 | Dec 26,2024 |
Market Cap | ₹635.7 Cr | |
Book Value | ₹405.4 Cr | Mar2024 - Standalone Results |
Price/Book | 1.57x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PLASTIBLENDS INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹635.7 Cr] as on Dec 26,2024
(/) Book Value [ ₹405.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.57x ]
Thus, for PLASTIBLENDS INDIA , the investors are currently willing to pay '1.57 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 PLASTIBLENDS INDIA !
The chart below summarizes the trend in P/B Ratio of PLASTIBLENDS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of PLASTIBLENDS INDIA
PB Ratio Performance Analysis for PLASTIBLENDS INDIA
- PLASTIBLENDS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.34x.
- PLASTIBLENDS INDIA 's operated at median p/b ratio of 1.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PLASTIBLENDS INDIA 's p/b ratio peaked in Mar2021 at 1.8x.
- PLASTIBLENDS INDIA 's p/b ratio hit its five-year low in Mar2023 of 1x.
How does PLASTIBLENDS INDIA 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PLASTIBLENDS INDIA | 405.41 | 1.57 | 635.7 |
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 PLASTIBLENDS 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 | 8.11x |
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