SHRI JAGDAMBA POLYMERS
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The Current P/B Ratio of SHRI JAGDAMBA POLYMERS is 2.15.
Share Price | ₹597.6 | Nov 19,2024 |
Market Cap | ₹525.9 Cr | |
Book Value | ₹245.1 Cr | Mar2024 - Standalone Results |
Price/Book | 2.15x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHRI JAGDAMBA POLYMERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹525.9 Cr] as on Nov 19,2024
(/) Book Value [ ₹245.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.15x ]
Thus, for SHRI JAGDAMBA POLYMERS , the investors are currently willing to pay '2.15 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 SHRI JAGDAMBA POLYMERS !
The chart below summarizes the trend in P/B Ratio of SHRI JAGDAMBA POLYMERS over the last five years.
Historical PB (Price/Book ) ratio chart of SHRI JAGDAMBA POLYMERS
PB Ratio Performance Analysis for SHRI JAGDAMBA POLYMERS
- SHRI JAGDAMBA POLYMERS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.49x.
- SHRI JAGDAMBA POLYMERS 's operated at median p/b ratio of 2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRI JAGDAMBA POLYMERS 's p/b ratio peaked in Mar2022 at 4.14x.
- SHRI JAGDAMBA POLYMERS 's p/b ratio hit its five-year low in Mar2020 of 1.1x.
How does SHRI JAGDAMBA POLYMERS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHRI JAGDAMBA POLYMERS | 245.05 | 2.15 | 525.9 |
ASTRAL LTD | 3,186.50 | 14.57 | 46,418.7 |
SUPREME INDUSTRIES LTD | 5,108.83 | 11.56 | 59,062.4 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.89 | 16,290.6 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 6.02 | 6,842.5 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 3.16 | 4,878.5 |
EPL LTD | 2,054.60 | 4.03 | 8,289.0 |
JAI CORP LTD | 1,486.14 | 3.51 | 5,211.6 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.25 | 8,306.7 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.29 | 10,810.4 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.81 | 4,378.6 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs SHRI JAGDAMBA POLYMERS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.81x |
Max industry PB | 14.57x |
Median industry PB | 3.51x |
Average industry PB | 5.20x |
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