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TIME TECHNOPLAST
PB (Price/Book ) Ratio

The Current P/B Ratio of TIME TECHNOPLAST is 3.81.

Share Price ₹428.7Apr 02,2025
Market Cap ₹9,726.1 Cr
Book Value₹2,552.2 CrMar2024 - Consolidated Results
Price/Book 3.81xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TIME TECHNOPLAST

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 TIME TECHNOPLAST is calculated as :

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 ]

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

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 latest p/b ratio is 3.81x.

- 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 ValuePB RatioMarket Cap
TIME TECHNOPLAST 2,552.223.819,726.1
SUPREME INDUSTRIES LTD5,108.838.3542,635.3
ASTRAL LTD3,186.5011.3236,062.9
FINOLEX INDUSTRIES LTD5,634.271.9711,106.5
GARWARE HITECH FILMS LTD2,044.804.298,768.5
EPL LTD2,054.603.076,314.5
SHAILY ENGINEERING PLASTICS LTD458.0816.967,769.6
RESPONSIVE INDUSTRIES LTD1,137.064.645,280.2
JAIN IRRIGATION SYSTEMS LTD5,391.740.713,828.7
POLYPLEX CORPORATION LTD3,511.131.093,812.6
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD588.586.053,563.3

Plastic Products Industry Benchmark (Top 10) PB Analysis vs TIME TECHNOPLAST 's P/B Ratio

Top 10 Industry PeersPB 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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