PRIMO CHEMICALS
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The Current P/B Ratio of PRIMO CHEMICALS is 2.39.
Share Price | ₹38.1 | Dec 20,2024 |
Market Cap | ₹923.6 Cr | |
Book Value | ₹387.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.39x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PRIMO CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹923.6 Cr] as on Dec 20,2024
(/) Book Value [ ₹387.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.39x ]
Thus, for PRIMO CHEMICALS , the investors are currently willing to pay '2.39 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 PRIMO CHEMICALS !
The chart below summarizes the trend in P/B Ratio of PRIMO CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of PRIMO CHEMICALS
PB Ratio Performance Analysis for PRIMO CHEMICALS
- PRIMO CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Jun2003 averaged 3.93x.
- PRIMO CHEMICALS 's operated at median p/b ratio of 4.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRIMO CHEMICALS 's p/b ratio peaked in Mar2022 at 8.8x.
- PRIMO CHEMICALS 's p/b ratio hit its five-year low in Jun2003 of -1.61x.
How does PRIMO CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRIMO CHEMICALS | 387.04 | 2.39 | 923.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.02 | 151,358.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 26.84 | 88,732.7 |
SRF LTD | 11,458.80 | 5.89 | 67,490.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.00 | 47,464.0 |
DEEPAK NITRITE LTD | 4,796.62 | 7.38 | 35,407.6 |
TATA CHEMICALS LTD | 22,241.00 | 1.18 | 26,195.3 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.72 | 37,692.7 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.77 | 14,642.2 |
ATUL LTD | 5,114.34 | 4.04 | 20,686.5 |
VINATI ORGANICS LTD | 2,301.19 | 7.70 | 17,721.1 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs PRIMO CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.18x |
Max industry PB | 26.84x |
Median industry PB | 5.89x |
Average industry PB | 8.09x |
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