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SUNSHIELD CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of SUNSHIELD CHEMICALS is 7.95.

Share Price ₹883.4Jan 02,2025
Market Cap ₹653.7 Cr
Book Value₹82.2 CrMar2024 - Standalone Results
Price/Book 7.95xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUNSHIELD CHEMICALS

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 SUNSHIELD CHEMICALS is calculated as :

Current Market Cap [ ₹653.7 Cr] as on Jan 02,2025

(/) Book Value [ ₹82.2 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 7.95x ]

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

Thus, for SUNSHIELD CHEMICALS , the investors are currently willing to pay '7.95 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 SUNSHIELD CHEMICALS !

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

Historical PB (Price/Book ) ratio chart of SUNSHIELD CHEMICALS


PB Ratio Performance Analysis for SUNSHIELD CHEMICALS

- SUNSHIELD CHEMICALS 's latest p/b ratio is 7.95x.

- SUNSHIELD CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.36x.

- SUNSHIELD CHEMICALS 's operated at median p/b ratio of 6.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUNSHIELD CHEMICALS 's p/b ratio peaked in Mar2022 at 8.48x.

- SUNSHIELD CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 4.22x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
SUNSHIELD CHEMICALS 82.197.95653.7
PIDILITE INDUSTRIES LTD8,397.3117.72148,799.0
SOLAR INDUSTRIES INDIA LTD3,305.6026.5687,806.1
SRF LTD11,458.805.7565,896.7
GUJARAT FLUOROCHEMICALS LTD5,936.347.8346,502.2
DEEPAK NITRITE LTD4,796.627.1534,285.8
TATA CHEMICALS LTD22,241.001.1826,287.0
GODREJ INDUSTRIES LTD7,989.075.0240,130.8
AARTI INDUSTRIES LTD5,287.422.8515,050.0
ATUL LTD5,114.344.0220,554.6
VINATI ORGANICS LTD2,301.198.1918,854.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.18x
Max industry PB 26.56x
Median industry PB 7.15x
Average industry PB 8.57x



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