TATVA CHINTAN PHARMA CHEM
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The Current P/B Ratio of TATVA CHINTAN PHARMA CHEM is 2.23.
Share Price | ₹702.0 | Feb 12,2025 |
Market Cap | ₹1,642.6 Cr | |
Book Value | ₹737.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.23x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TATVA CHINTAN PHARMA CHEM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,642.6 Cr] as on Feb 12,2025
(/) Book Value [ ₹737.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.23x ]
Thus, for TATVA CHINTAN PHARMA CHEM , the investors are currently willing to pay '2.23 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 TATVA CHINTAN PHARMA CHEM !
The chart below summarizes the trend in P/B Ratio of TATVA CHINTAN PHARMA CHEM over the last five years.
Historical PB (Price/Book ) ratio chart of TATVA CHINTAN PHARMA CHEM
PB Ratio Performance Analysis for TATVA CHINTAN PHARMA CHEM
- TATVA CHINTAN PHARMA CHEM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.28x.
- TATVA CHINTAN PHARMA CHEM 's operated at median p/b ratio of 3.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATVA CHINTAN PHARMA CHEM 's p/b ratio peaked in Mar2022 at 10.81x.
- TATVA CHINTAN PHARMA CHEM 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does TATVA CHINTAN PHARMA CHEM 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TATVA CHINTAN PHARMA CHEM | 737.08 | 2.23 | 1,642.6 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.10 | 143,571.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 24.53 | 81,080.0 |
SRF LTD | 11,458.80 | 7.30 | 83,704.4 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.09 | 42,117.6 |
DEEPAK NITRITE LTD | 4,796.62 | 6.26 | 30,046.0 |
TATA CHEMICALS LTD | 22,241.00 | 1.01 | 22,407.1 |
GODREJ INDUSTRIES LTD | 7,989.07 | 3.43 | 27,372.9 |
AARTI INDUSTRIES LTD | 5,287.42 | 3.03 | 16,027.0 |
ATUL LTD | 5,114.34 | 3.27 | 16,698.8 |
VINATI ORGANICS LTD | 2,301.19 | 7.46 | 17,176.9 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs TATVA CHINTAN PHARMA CHEM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.01x |
Max industry PB | 24.53x |
Median industry PB | 6.26x |
Average industry PB | 7.52x |
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