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TPL PLASTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of TPL PLASTECH is 6.08.

Share Price ₹101.6Dec 24,2024
Market Cap ₹792.5 Cr
Book Value₹130.4 CrMar2024 - Standalone Results
Price/Book 6.08xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TPL PLASTECH

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 TPL PLASTECH is calculated as :

Current Market Cap [ ₹792.5 Cr] as on Dec 24,2024

(/) Book Value [ ₹130.4 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 6.08x ]

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

Thus, for TPL PLASTECH , the investors are currently willing to pay '6.08 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 TPL PLASTECH !

The chart below summarizes the trend in P/B Ratio of TPL PLASTECH over the last five years.

Historical PB (Price/Book ) ratio chart of TPL PLASTECH


PB Ratio Performance Analysis for TPL PLASTECH

- TPL PLASTECH 's latest p/b ratio is 6.08x.

- TPL PLASTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.87x.

- TPL PLASTECH 's operated at median p/b ratio of 1.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TPL PLASTECH 's p/b ratio peaked in Mar2024 at 3.7x.

- TPL PLASTECH 's p/b ratio hit its five-year low in Mar2020 of 0.59x.


How does TPL PLASTECH 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
TPL PLASTECH 130.356.08792.5
ASTRAL LTD3,186.5014.2845,508.1
SUPREME INDUSTRIES LTD5,108.8311.8560,540.4
FINOLEX INDUSTRIES LTD5,634.272.6715,034.2
RESPONSIVE INDUSTRIES LTD1,137.065.936,739.9
PRINCE PIPES AND FITTINGS LTD1,544.412.904,480.5
EPL LTD2,054.604.148,505.1
JAI CORP LTD1,486.143.745,554.7
TIME TECHNOPLAST LTD2,552.224.3311,054.8
GARWARE HITECH FILMS LTD2,044.805.8511,972.0
JAIN IRRIGATION SYSTEMS LTD5,391.740.834,489.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 14.28x
Median industry PB 4.33x
Average industry PB 5.69x



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