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TIRUPATI STARCH & CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of TIRUPATI STARCH & CHEMICALS is 3.00.

Share Price ₹167.2Nov 19,2024
Market Cap ₹160.5 Cr
Book Value₹53.5 CrMar2024 - Standalone Results
Price/Book 3.00xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TIRUPATI STARCH & CHEMICALS

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 TIRUPATI STARCH & CHEMICALS is calculated as :

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 ]

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

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 latest p/b ratio is 3.00x.

- 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 ValuePB RatioMarket Cap
TIRUPATI STARCH & CHEMICALS 53.513.00160.5
NESTLE INDIA LTD3,340.8964.03213,932.0
VARUN BEVERAGES LTD6,927.6529.57204,832.0
BRITANNIA INDUSTRIES LTD3,941.5229.91117,876.0
MARICO LTD3,763.0020.3376,518.2
JUBILANT FOODWORKS LTD2,127.4119.0140,435.3
HATSUN AGRO PRODUCT LTD1,572.2515.4024,219.4
DEVYANI INTERNATIONAL LTD1,031.2119.0019,595.8
BIKAJI FOODS INTERNATIONAL LTD1,214.5115.2418,513.3
SAPPHIRE FOODS INDIA LTD1,302.197.559,832.8
GODREJ AGROVET LTD2,510.045.5713,971.6

Consumer Food Industry Benchmark (Top 10) PB Analysis vs TIRUPATI STARCH & CHEMICALS 's P/B Ratio

Top 10 Industry PeersPB 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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