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TUTICORIN ALKALI CHEMICALS AND FERTILIZERS
PB (Price/Book ) Ratio

The Current P/B Ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS is 15.02.

Share Price ₹97.6Dec 30,2024
Market Cap ₹1,189.1 Cr
Book Value₹79.2 CrMar2024 - Standalone Results
Price/Book 15.02xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS

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 TUTICORIN ALKALI CHEMICALS AND FERTILIZERS is calculated as :

Current Market Cap [ ₹1,189.1 Cr] as on Dec 30,2024

(/) Book Value [ ₹79.2 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 15.02x ]

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

Thus, for TUTICORIN ALKALI CHEMICALS AND FERTILIZERS , the investors are currently willing to pay '15.02 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 TUTICORIN ALKALI CHEMICALS AND FERTILIZERS !

The chart below summarizes the trend in P/B Ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS over the last five years.

Historical PB (Price/Book ) ratio chart of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS


PB Ratio Performance Analysis for TUTICORIN ALKALI CHEMICALS AND FERTILIZERS

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's latest p/b ratio is 15.02x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -2.65x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's operated at median p/b ratio of -1.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/b ratio peaked in Mar2020 at -0.2x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/b ratio hit its five-year low in Mar2024 of -8.16x.


How does TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 79.1715.021,189.1
PIDILITE INDUSTRIES LTD8,397.3117.65148,207.0
SOLAR INDUSTRIES INDIA LTD3,305.6026.1886,549.2
SRF LTD11,458.805.8266,636.3
GUJARAT FLUOROCHEMICALS LTD5,936.347.6445,357.1
DEEPAK NITRITE LTD4,796.627.1534,277.6
TATA CHEMICALS LTD22,241.001.1826,269.2
GODREJ INDUSTRIES LTD7,989.075.1040,758.8
AARTI INDUSTRIES LTD5,287.422.8114,857.9
ATUL LTD5,114.343.9420,152.3
VINATI ORGANICS LTD2,301.197.7717,878.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.18x
Max industry PB 26.18x
Median industry PB 7.15x
Average industry PB 9.11x



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