TANFAC INDUSTRIES
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The Current P/B Ratio of TANFAC INDUSTRIES is 12.25.
Share Price | ₹2,822.2 | Dec 20,2024 |
Market Cap | ₹2,822.2 Cr | |
Book Value | ₹230.4 Cr | Mar2024 - Standalone Results |
Price/Book | 12.25x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TANFAC INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,822.2 Cr] as on Dec 20,2024
(/) Book Value [ ₹230.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 12.25x ]
Thus, for TANFAC INDUSTRIES , the investors are currently willing to pay '12.25 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 TANFAC INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of TANFAC INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of TANFAC INDUSTRIES
PB Ratio Performance Analysis for TANFAC INDUSTRIES
- TANFAC INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.48x.
- TANFAC INDUSTRIES 's operated at median p/b ratio of 4.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TANFAC INDUSTRIES 's p/b ratio peaked in Mar2024 at 8.52x.
- TANFAC INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.21x.
How does TANFAC INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TANFAC INDUSTRIES | 230.45 | 12.25 | 2,822.2 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.02 | 151,358.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 26.84 | 88,732.7 |
SRF LTD | 11,458.80 | 5.89 | 67,490.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 8.00 | 47,464.0 |
DEEPAK NITRITE LTD | 4,796.62 | 7.38 | 35,407.6 |
TATA CHEMICALS LTD | 22,241.00 | 1.18 | 26,195.3 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.72 | 37,692.7 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.77 | 14,642.2 |
ATUL LTD | 5,114.34 | 4.04 | 20,686.5 |
VINATI ORGANICS LTD | 2,301.19 | 7.70 | 17,721.1 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs TANFAC INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.18x |
Max industry PB | 26.84x |
Median industry PB | 7.38x |
Average industry PB | 8.98x |
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