TIRUPATI STARCH & CHEMICALS
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The Current P/B Ratio of TIRUPATI STARCH & CHEMICALS is 3.00.
Share Price | ₹167.2 | Nov 19,2024 |
Market Cap | ₹160.5 Cr | |
Book Value | ₹53.5 Cr | Mar2024 - Standalone Results |
Price/Book | 3.00x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TIRUPATI STARCH & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹160.5 Cr] as on Nov 19,2024
(/) Book Value [ ₹53.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.00x ]
Thus, for TIRUPATI STARCH & CHEMICALS , the investors are currently willing to pay '3.00 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 TIRUPATI STARCH & CHEMICALS !
The chart below summarizes the trend in P/B Ratio of TIRUPATI STARCH & CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of TIRUPATI STARCH & CHEMICALS
PB Ratio Performance Analysis for TIRUPATI STARCH & CHEMICALS
- TIRUPATI STARCH & CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.
- TIRUPATI STARCH & CHEMICALS 's operated at median p/b ratio of 1.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIRUPATI STARCH & CHEMICALS 's p/b ratio peaked in Mar2022 at 1.3x.
- TIRUPATI STARCH & CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.36x.
How does TIRUPATI STARCH & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIRUPATI STARCH & CHEMICALS | 53.51 | 3.00 | 160.5 |
NESTLE INDIA LTD | 3,340.89 | 64.03 | 213,932.0 |
VARUN BEVERAGES LTD | 6,927.65 | 29.57 | 204,832.0 |
BRITANNIA INDUSTRIES LTD | 3,941.52 | 29.91 | 117,876.0 |
MARICO LTD | 3,763.00 | 20.33 | 76,518.2 |
JUBILANT FOODWORKS LTD | 2,127.41 | 19.01 | 40,435.3 |
HATSUN AGRO PRODUCT LTD | 1,572.25 | 15.40 | 24,219.4 |
DEVYANI INTERNATIONAL LTD | 1,031.21 | 19.00 | 19,595.8 |
BIKAJI FOODS INTERNATIONAL LTD | 1,214.51 | 15.24 | 18,513.3 |
SAPPHIRE FOODS INDIA LTD | 1,302.19 | 7.55 | 9,832.8 |
GODREJ AGROVET LTD | 2,510.04 | 5.57 | 13,971.6 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs TIRUPATI STARCH & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.00x |
Max industry PB | 64.03x |
Median industry PB | 19.00x |
Average industry PB | 20.78x |
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