SUPREME PETROCHEM
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The Current P/B Ratio of SUPREME PETROCHEM is 6.43.
Share Price | ₹690.8 | Nov 22,2024 |
Market Cap | ₹12,986.1 Cr | |
Book Value | ₹2,019.1 Cr | Mar2024 - Standalone Results |
Price/Book | 6.43x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SUPREME PETROCHEM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹12,986.1 Cr] as on Nov 22,2024
(/) Book Value [ ₹2,019.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.43x ]
Thus, for SUPREME PETROCHEM , the investors are currently willing to pay '6.43 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 SUPREME PETROCHEM !
The chart below summarizes the trend in P/B Ratio of SUPREME PETROCHEM over the last five years.
Historical PB (Price/Book ) ratio chart of SUPREME PETROCHEM
PB Ratio Performance Analysis for SUPREME PETROCHEM
- SUPREME PETROCHEM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.17x.
- SUPREME PETROCHEM 's operated at median p/b ratio of 3.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUPREME PETROCHEM 's p/b ratio peaked in Mar2024 at 5.8x.
- SUPREME PETROCHEM 's p/b ratio hit its five-year low in Mar2020 of 1.86x.
How does SUPREME PETROCHEM 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SUPREME PETROCHEM | 2,019.11 | 6.43 | 12,986.1 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.92 | 150,478.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 27.46 | 90,766.5 |
SRF LTD | 11,458.80 | 5.60 | 64,201.2 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.06 | 41,885.3 |
DEEPAK NITRITE LTD | 4,796.62 | 7.59 | 36,422.4 |
TATA CHEMICALS LTD | 22,241.00 | 1.22 | 27,243.6 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.33 | 34,611.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.95 | 15,617.3 |
ATUL LTD | 5,114.34 | 4.18 | 21,377.7 |
VINATI ORGANICS LTD | 2,301.19 | 8.31 | 19,132.0 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs SUPREME PETROCHEM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.22x |
Max industry PB | 27.46x |
Median industry PB | 6.43x |
Average industry PB | 8.46x |
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