TUTICORIN ALKALI CHEMICALS AND FERTILIZERS
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The Current P/B Ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS is 15.02.
Share Price | ₹97.6 | Dec 30,2024 |
Market Cap | ₹1,189.1 Cr | |
Book Value | ₹79.2 Cr | Mar2024 - Standalone Results |
Price/Book | 15.02x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
TUTICORIN ALKALI CHEMICALS AND FERTILIZERS | 79.17 | 15.02 | 1,189.1 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 17.65 | 148,207.0 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 26.18 | 86,549.2 |
SRF LTD | 11,458.80 | 5.82 | 66,636.3 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.64 | 45,357.1 |
DEEPAK NITRITE LTD | 4,796.62 | 7.15 | 34,277.6 |
TATA CHEMICALS LTD | 22,241.00 | 1.18 | 26,269.2 |
GODREJ INDUSTRIES LTD | 7,989.07 | 5.10 | 40,758.8 |
AARTI INDUSTRIES LTD | 5,287.42 | 2.81 | 14,857.9 |
ATUL LTD | 5,114.34 | 3.94 | 20,152.3 |
VINATI ORGANICS LTD | 2,301.19 | 7.77 | 17,878.2 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's P/B Ratio
Top 10 Industry Peers | PB 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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