TIME TECHNOPLAST
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The Current P/B Ratio of TIME TECHNOPLAST is 3.81.
Share Price | ₹428.7 | Apr 02,2025 |
Market Cap | ₹9,726.1 Cr | |
Book Value | ₹2,552.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.81x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TIME TECHNOPLAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,726.1 Cr] as on Apr 02,2025
(/) Book Value [ ₹2,552.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.81x ]
Thus, for TIME TECHNOPLAST , the investors are currently willing to pay '3.81 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 TIME TECHNOPLAST !
The chart below summarizes the trend in P/B Ratio of TIME TECHNOPLAST over the last five years.
Historical PB (Price/Book ) ratio chart of TIME TECHNOPLAST
PB Ratio Performance Analysis for TIME TECHNOPLAST
- TIME TECHNOPLAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.94x.
- TIME TECHNOPLAST 's operated at median p/b ratio of 0.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIME TECHNOPLAST 's p/b ratio peaked in Mar2024 at 2.22x.
- TIME TECHNOPLAST 's p/b ratio hit its five-year low in Mar2020 of 0.31x.
How does TIME TECHNOPLAST 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIME TECHNOPLAST | 2,552.22 | 3.81 | 9,726.1 |
SUPREME INDUSTRIES LTD | 5,108.83 | 8.35 | 42,635.3 |
ASTRAL LTD | 3,186.50 | 11.32 | 36,062.9 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 1.97 | 11,106.5 |
GARWARE HITECH FILMS LTD | 2,044.80 | 4.29 | 8,768.5 |
EPL LTD | 2,054.60 | 3.07 | 6,314.5 |
SHAILY ENGINEERING PLASTICS LTD | 458.08 | 16.96 | 7,769.6 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 4.64 | 5,280.2 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.71 | 3,828.7 |
POLYPLEX CORPORATION LTD | 3,511.13 | 1.09 | 3,812.6 |
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD | 588.58 | 6.05 | 3,563.3 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs TIME TECHNOPLAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.71x |
Max industry PB | 16.96x |
Median industry PB | 4.29x |
Average industry PB | 5.66x |
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