TATA CHEMICALS
|
The Current P/B Ratio of TATA CHEMICALS is 1.08.
Share Price | ₹941.4 | Jan 28,2025 |
Market Cap | ₹23,985.6 Cr | |
Book Value | ₹22,241.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.08x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TATA CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,985.6 Cr] as on Jan 28,2025
(/) Book Value [ ₹22,241.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.08x ]
Thus, for TATA CHEMICALS , the investors are currently willing to pay '1.08 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 TATA CHEMICALS !
The chart below summarizes the trend in P/B Ratio of TATA CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of TATA CHEMICALS
PB Ratio Performance Analysis for TATA CHEMICALS
- TATA CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.13x.
- TATA CHEMICALS 's operated at median p/b ratio of 1.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA CHEMICALS 's p/b ratio peaked in Mar2022 at 1.36x.
- TATA CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.44x.
How does TATA CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TATA CHEMICALS | 22,241.00 | 1.08 | 23,985.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.35 | 145,669.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 25.33 | 83,727.3 |
SRF LTD | 11,458.80 | 6.73 | 77,070.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.19 | 36,734.4 |
DEEPAK NITRITE LTD | 4,796.62 | 6.24 | 29,912.4 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.51 | 28,051.4 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.81 | 14,879.6 |
ATUL LTD | 5,114.34 | 3.59 | 18,342.4 |
VINATI ORGANICS LTD | 2,301.19 | 7.21 | 16,598.4 |
HIMADRI SPECIALITY CHEMICAL LTD | 3,044.34 | 7.50 | 22,832.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs TATA CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.08x |
Max industry PB | 25.33x |
Median industry PB | 6.24x |
Average industry PB | 7.96x |
You may also like the below Video Courses