TINNA RUBBER AND INFRASTRUCTURE
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The Current P/B Ratio of TINNA RUBBER AND INFRASTRUCTURE is 19.23.
Share Price | ₹1,436.7 | Dec 20,2024 |
Market Cap | ₹2,456.7 Cr | |
Book Value | ₹127.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 19.23x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TINNA RUBBER AND INFRASTRUCTURE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,456.7 Cr] as on Dec 20,2024
(/) Book Value [ ₹127.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 19.23x ]
Thus, for TINNA RUBBER AND INFRASTRUCTURE , the investors are currently willing to pay '19.23 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 TINNA RUBBER AND INFRASTRUCTURE !
The chart below summarizes the trend in P/B Ratio of TINNA RUBBER AND INFRASTRUCTURE over the last five years.
Historical PB (Price/Book ) ratio chart of TINNA RUBBER AND INFRASTRUCTURE
PB Ratio Performance Analysis for TINNA RUBBER AND INFRASTRUCTURE
- TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.26x.
- TINNA RUBBER AND INFRASTRUCTURE 's operated at median p/b ratio of 3.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio peaked in Mar2024 at 9.37x.
- TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does TINNA RUBBER AND INFRASTRUCTURE 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TINNA RUBBER AND INFRASTRUCTURE | 127.78 | 19.23 | 2,456.7 |
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 TINNA RUBBER AND INFRASTRUCTURE '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 | 9.62x |
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