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PREMIER EXPLOSIVES
PB (Price/Book ) Ratio

The Current P/B Ratio of PREMIER EXPLOSIVES is 11.28.

Share Price ₹461.5Dec 03,2024
Market Cap ₹2,482.6 Cr
Book Value₹220.2 CrMar2024 - Consolidated Results
Price/Book 11.28xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PREMIER EXPLOSIVES

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 PREMIER EXPLOSIVES is calculated as :

Current Market Cap [ ₹2,482.6 Cr] as on Dec 03,2024

(/) Book Value [ ₹220.2 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 11.28x ]

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

Thus, for PREMIER EXPLOSIVES , the investors are currently willing to pay '11.28 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 PREMIER EXPLOSIVES !

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

Historical PB (Price/Book ) ratio chart of PREMIER EXPLOSIVES


PB Ratio Performance Analysis for PREMIER EXPLOSIVES

- PREMIER EXPLOSIVES 's latest p/b ratio is 11.28x.

- PREMIER EXPLOSIVES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.53x.

- PREMIER EXPLOSIVES 's operated at median p/b ratio of 1.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMIER EXPLOSIVES 's p/b ratio peaked in Mar2024 at 7.41x.

- PREMIER EXPLOSIVES 's p/b ratio hit its five-year low in Mar2020 of 0.34x.


How does PREMIER EXPLOSIVES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
PREMIER EXPLOSIVES 220.1711.282,482.6
PIDILITE INDUSTRIES LTD8,397.3119.06160,025.0
SOLAR INDUSTRIES INDIA LTD3,305.6028.6194,562.1
SRF LTD11,458.805.9868,506.7
GUJARAT FLUOROCHEMICALS LTD5,936.347.5044,515.6
DEEPAK NITRITE LTD4,796.627.4735,829.8
TATA CHEMICALS LTD22,241.001.3028,941.6
GODREJ INDUSTRIES LTD7,989.074.5736,498.9
AARTI INDUSTRIES LTD5,287.423.0516,137.5
ATUL LTD5,114.344.2621,772.3
VINATI ORGANICS LTD2,301.198.4819,521.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs PREMIER EXPLOSIVES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.30x
Max industry PB 28.61x
Median industry PB 7.47x
Average industry PB 9.23x



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