PRIMA PLASTICS
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The Current P/B Ratio of PRIMA PLASTICS is 1.17.
Share Price | ₹164.5 | Dec 20,2024 |
Market Cap | ₹180.9 Cr | |
Book Value | ₹154.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.17x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PRIMA PLASTICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹180.9 Cr] as on Dec 20,2024
(/) Book Value [ ₹154.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.17x ]
Thus, for PRIMA PLASTICS , the investors are currently willing to pay '1.17 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 PRIMA PLASTICS !
The chart below summarizes the trend in P/B Ratio of PRIMA PLASTICS over the last five years.
Historical PB (Price/Book ) ratio chart of PRIMA PLASTICS
PB Ratio Performance Analysis for PRIMA PLASTICS
- PRIMA PLASTICS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.78x.
- PRIMA PLASTICS 's operated at median p/b ratio of 0.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRIMA PLASTICS 's p/b ratio peaked in Mar2024 at 1.24x.
- PRIMA PLASTICS 's p/b ratio hit its five-year low in Mar2020 of 0.29x.
How does PRIMA PLASTICS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRIMA PLASTICS | 154.25 | 1.17 | 180.9 |
ASTRAL LTD | 3,186.50 | 14.62 | 46,594.7 |
SUPREME INDUSTRIES LTD | 5,108.83 | 12.05 | 61,575.6 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.63 | 14,813.9 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 5.91 | 6,714.5 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 2.92 | 4,505.4 |
EPL LTD | 2,054.60 | 4.11 | 8,450.9 |
JAI CORP LTD | 1,486.14 | 3.75 | 5,567.0 |
TIME TECHNOPLAST LTD | 2,552.22 | 4.16 | 10,606.7 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.68 | 11,611.4 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.86 | 4,621.4 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs PRIMA PLASTICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.86x |
Max industry PB | 14.62x |
Median industry PB | 4.11x |
Average industry PB | 5.26x |
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