SUMITOMO CHEMICAL INDIA
|
The Current P/B Ratio of SUMITOMO CHEMICAL INDIA is 10.41.
Share Price | ₹509.3 | Nov 21,2024 |
Market Cap | ₹25,416.7 Cr | |
Book Value | ₹2,441.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 10.41x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SUMITOMO CHEMICAL INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹25,416.7 Cr] as on Nov 21,2024
(/) Book Value [ ₹2,441.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 10.41x ]
Thus, for SUMITOMO CHEMICAL INDIA , the investors are currently willing to pay '10.41 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 SUMITOMO CHEMICAL INDIA !
The chart below summarizes the trend in P/B Ratio of SUMITOMO CHEMICAL INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of SUMITOMO CHEMICAL INDIA
PB Ratio Performance Analysis for SUMITOMO CHEMICAL INDIA
- SUMITOMO CHEMICAL INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.91x.
- SUMITOMO CHEMICAL INDIA 's operated at median p/b ratio of 8.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUMITOMO CHEMICAL INDIA 's p/b ratio peaked in Mar2022 at 11.64x.
- SUMITOMO CHEMICAL INDIA 's p/b ratio hit its five-year low in Mar2024 of 7.1x.
How does SUMITOMO CHEMICAL INDIA 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SUMITOMO CHEMICAL INDIA | 2,441.51 | 10.41 | 25,416.7 |
PI INDUSTRIES LTD | 8,732.70 | 7.19 | 62,774.1 |
UPL LTD | 24,787.00 | 1.68 | 41,696.2 |
BAYER CROPSCIENCE LTD | 2,849.40 | 9.13 | 26,010.5 |
BASF INDIA LTD | 3,220.08 | 7.86 | 25,296.3 |
RALLIS INDIA LTD | 1,829.49 | 3.24 | 5,935.2 |
DHANUKA AGRITECH LTD | 1,255.87 | 5.37 | 6,746.7 |
BHARAT RASAYAN LTD | 987.88 | 4.72 | 4,664.1 |
SHARDA CROPCHEM LTD | 2,237.12 | 3.24 | 7,256.9 |
INDIA PESTICIDES LTD | 824.91 | 2.52 | 2,082.2 |
ASTEC LIFESCIENCES LTD | 368.91 | 5.59 | 2,063.4 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs SUMITOMO CHEMICAL INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.68x |
Max industry PB | 10.41x |
Median industry PB | 5.37x |
Average industry PB | 5.54x |
You may also like the below Video Courses