PREMIER EXPLOSIVES
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The Current P/B Ratio of PREMIER EXPLOSIVES is 11.28.
Share Price | ₹461.5 | Dec 03,2024 |
Market Cap | ₹2,482.6 Cr | |
Book Value | ₹220.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.28x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PREMIER EXPLOSIVES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
PREMIER EXPLOSIVES | 220.17 | 11.28 | 2,482.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 19.06 | 160,025.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 28.61 | 94,562.1 |
SRF LTD | 11,458.80 | 5.98 | 68,506.7 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.50 | 44,515.6 |
DEEPAK NITRITE LTD | 4,796.62 | 7.47 | 35,829.8 |
TATA CHEMICALS LTD | 22,241.00 | 1.30 | 28,941.6 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.57 | 36,498.9 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.05 | 16,137.5 |
ATUL LTD | 5,114.34 | 4.26 | 21,772.3 |
VINATI ORGANICS LTD | 2,301.19 | 8.48 | 19,521.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs PREMIER EXPLOSIVES 's P/B Ratio
Top 10 Industry Peers | PB 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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