SHAILY ENGINEERING PLASTICS
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The Current P/B Ratio of SHAILY ENGINEERING PLASTICS is 14.74.
Share Price | ₹1,468.1 | Dec 24,2024 |
Market Cap | ₹6,753.3 Cr | |
Book Value | ₹458.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 14.74x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHAILY ENGINEERING PLASTICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹6,753.3 Cr] as on Dec 24,2024
(/) Book Value [ ₹458.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 14.74x ]
Thus, for SHAILY ENGINEERING PLASTICS , the investors are currently willing to pay '14.74 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 SHAILY ENGINEERING PLASTICS !
The chart below summarizes the trend in P/B Ratio of SHAILY ENGINEERING PLASTICS over the last five years.
Historical PB (Price/Book ) ratio chart of SHAILY ENGINEERING PLASTICS
PB Ratio Performance Analysis for SHAILY ENGINEERING PLASTICS
- SHAILY ENGINEERING PLASTICS 's p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 4.37x.
- SHAILY ENGINEERING PLASTICS 's operated at median p/b ratio of 5.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHAILY ENGINEERING PLASTICS 's p/b ratio peaked in Mar2022 at 5.44x.
- SHAILY ENGINEERING PLASTICS 's p/b ratio hit its five-year low in Mar2023 of 2.35x.
How does SHAILY ENGINEERING 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 |
---|---|---|---|
SHAILY ENGINEERING PLASTICS | 458.08 | 14.74 | 6,753.3 |
ASTRAL LTD | 3,186.50 | 14.09 | 44,898.3 |
SUPREME INDUSTRIES LTD | 5,108.83 | 11.85 | 60,540.4 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.67 | 15,034.2 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 5.93 | 6,739.9 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 2.90 | 4,480.5 |
EPL LTD | 2,054.60 | 4.14 | 8,505.1 |
JAI CORP LTD | 1,486.14 | 3.74 | 5,554.7 |
TIME TECHNOPLAST LTD | 2,552.22 | 4.33 | 11,054.8 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.85 | 11,972.0 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.83 | 4,489.4 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs SHAILY ENGINEERING PLASTICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.83x |
Max industry PB | 14.74x |
Median industry PB | 4.33x |
Average industry PB | 6.46x |
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