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TAINWALA CHEMICALS & PLASTICS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 1.82.

Share Price ₹228.0Apr 21,2025
Market Cap ₹214.3 Cr
Book Value₹117.5 CrMar2024 - Standalone Results
Price/Book 1.82xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TAINWALA CHEMICALS & PLASTICS (INDIA)

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 TAINWALA CHEMICALS & PLASTICS (INDIA) is calculated as :

Current Market Cap [ ₹214.3 Cr] as on Apr 21,2025

(/) Book Value [ ₹117.5 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.82x ]

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

Thus, for TAINWALA CHEMICALS & PLASTICS (INDIA) , the investors are currently willing to pay '1.82 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 TAINWALA CHEMICALS & PLASTICS (INDIA) !

The chart below summarizes the trend in P/B Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of TAINWALA CHEMICALS & PLASTICS (INDIA)


PB Ratio Performance Analysis for TAINWALA CHEMICALS & PLASTICS (INDIA)

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's latest p/b ratio is 1.82x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.74x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's operated at median p/b ratio of 0.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/b ratio peaked in Mar2023 at 1.03x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.43x.


How does TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
TAINWALA CHEMICALS & PLASTICS (INDIA) 117.541.82214.3
SUPREME INDUSTRIES LTD5,108.838.7444,641.1
ASTRAL LTD3,186.5011.2835,946.0
FINOLEX INDUSTRIES LTD5,634.271.9611,016.6
GARWARE HITECH FILMS LTD2,044.803.517,183.1
TIME TECHNOPLAST LTD2,552.223.358,545.0
EPL LTD2,054.603.106,372.2
SHAILY ENGINEERING PLASTICS LTD458.0816.577,588.3
RESPONSIVE INDUSTRIES LTD1,137.064.575,193.5
JAIN IRRIGATION SYSTEMS LTD5,391.740.703,780.4
POLYPLEX CORPORATION LTD3,511.131.133,961.1

Plastic Products Industry Benchmark (Top 10) PB Analysis vs TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.70x
Max industry PB 16.57x
Median industry PB 3.35x
Average industry PB 5.16x



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