SHARDA CROPCHEM
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The Current P/B Ratio of SHARDA CROPCHEM is 3.24.
Share Price | ₹802.9 | Nov 22,2024 |
Market Cap | ₹7,241.7 Cr | |
Book Value | ₹2,237.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.24x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SHARDA CROPCHEM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹7,241.7 Cr] as on Nov 22,2024
(/) Book Value [ ₹2,237.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.24x ]
Thus, for SHARDA CROPCHEM , the investors are currently willing to pay '3.24 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 SHARDA CROPCHEM !
The chart below summarizes the trend in P/B Ratio of SHARDA CROPCHEM over the last five years.
Historical PB (Price/Book ) ratio chart of SHARDA CROPCHEM
PB Ratio Performance Analysis for SHARDA CROPCHEM
- SHARDA CROPCHEM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.69x.
- SHARDA CROPCHEM 's operated at median p/b ratio of 1.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHARDA CROPCHEM 's p/b ratio peaked in Mar2022 at 2.9x.
- SHARDA CROPCHEM 's p/b ratio hit its five-year low in Mar2020 of 0.69x.
How does SHARDA CROPCHEM 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHARDA CROPCHEM | 2,237.12 | 3.24 | 7,241.7 |
PI INDUSTRIES LTD | 8,732.70 | 7.15 | 62,434.3 |
UPL LTD | 24,787.00 | 1.71 | 42,491.9 |
BAYER CROPSCIENCE LTD | 2,849.40 | 9.03 | 25,738.1 |
SUMITOMO CHEMICAL INDIA LTD | 2,441.51 | 10.51 | 25,653.6 |
BASF INDIA LTD | 3,220.08 | 7.58 | 24,395.3 |
RALLIS INDIA LTD | 1,829.49 | 3.38 | 6,179.3 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.38 | 6,752.4 |
BHARAT RASAYAN LTD | 987.88 | 4.95 | 4,891.9 |
INDIA PESTICIDES LTD | 824.91 | 2.52 | 2,080.4 |
ASTEC LIFESCIENCES LTD | 368.91 | 5.64 | 2,080.1 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs SHARDA CROPCHEM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.71x |
Max industry PB | 10.51x |
Median industry PB | 5.38x |
Average industry PB | 5.55x |
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