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SIGACHI INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SIGACHI INDUSTRIES is 5.17.

Share Price ₹58.5Sep 20,2024
Market Cap ₹1,920.6 Cr
Book Value₹371.6 CrMar2024 - Consolidated Results
Price/Book 5.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SIGACHI INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of SIGACHI INDUSTRIES is calculated as :

Current Market Cap [ ₹1,920.6 Cr] as on Sep 20,2024

(/) Book Value [ ₹371.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 5.17x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for SIGACHI INDUSTRIES , the investors are currently willing to pay '5.17 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 SIGACHI INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of SIGACHI INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of SIGACHI INDUSTRIES


PB Ratio Performance Analysis for SIGACHI INDUSTRIES

- SIGACHI INDUSTRIES 's latest p/b ratio is 5.17x.

- SIGACHI INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.28x.

- SIGACHI INDUSTRIES 's operated at median p/b ratio of 2.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIGACHI INDUSTRIES 's p/b ratio peaked in Mar2024 at 4.93x.

- SIGACHI INDUSTRIES 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does SIGACHI INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
SIGACHI INDUSTRIES 371.585.171,920.6
PIDILITE INDUSTRIES LTD8,397.3119.94167,436.0
SOLAR INDUSTRIES INDIA LTD3,305.6030.49100,787.0
SRF LTD11,458.806.2671,736.3
GUJARAT FLUOROCHEMICALS LTD5,936.347.8646,667.6
DEEPAK NITRITE LTD4,796.628.0938,789.5
TATA CHEMICALS LTD22,241.001.1826,134.2
GODREJ INDUSTRIES LTD7,989.075.0740,507.9
AARTI INDUSTRIES LTD5,287.423.9320,788.6
ATUL LTD5,114.344.4122,554.2
VINATI ORGANICS LTD2,301.198.8120,271.3

Chemicals Industry Benchmark (Top 10) PB Analysis vs SIGACHI INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.18x
Max industry PB 30.49x
Median industry PB 6.26x
Average industry PB 9.20x



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