VINYL CHEMICALS (INDIA)
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The Current P/B Ratio of VINYL CHEMICALS (INDIA) is 5.43.
Share Price | ₹346.3 | Dec 20,2024 |
Market Cap | ₹633.7 Cr | |
Book Value | ₹116.8 Cr | Mar2024 - Standalone Results |
Price/Book | 5.43x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of VINYL CHEMICALS (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹633.7 Cr] as on Dec 20,2024
(/) Book Value [ ₹116.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.43x ]
Thus, for VINYL CHEMICALS (INDIA) , the investors are currently willing to pay '5.43 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 VINYL CHEMICALS (INDIA) !
The chart below summarizes the trend in P/B Ratio of VINYL CHEMICALS (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of VINYL CHEMICALS (INDIA)
PB Ratio Performance Analysis for VINYL CHEMICALS (INDIA)
- VINYL CHEMICALS (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.95x.
- VINYL CHEMICALS (INDIA) 's operated at median p/b ratio of 4.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VINYL CHEMICALS (INDIA) 's p/b ratio peaked in Mar2023 at 5.42x.
- VINYL CHEMICALS (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.25x.
How does VINYL CHEMICALS (INDIA) 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VINYL CHEMICALS (INDIA) | 116.78 | 5.43 | 633.7 |
ADANI ENTERPRISES LTD | 36,452.10 | 7.42 | 270,644.0 |
REDINGTON LTD | 7,548.12 | 2.13 | 16,085.0 |
HONASA CONSUMER LTD | 1,070.46 | 7.89 | 8,445.4 |
MMTC LTD | 1,625.68 | 6.86 | 11,157.0 |
MSTC LTD | 889.04 | 5.33 | 4,735.8 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.50 | 5,820.0 |
VERITAS (INDIA) LTD | 2,510.14 | 1.04 | 2,623.0 |
NOVARTIS INDIA LTD | 744.82 | 3.23 | 2,402.3 |
OPTIEMUS INFRACOM LTD | 426.48 | 14.46 | 6,168.0 |
MISHTANN FOODS LTD | 203.69 | 4.37 | 890.1 |
Trading Industry Benchmark (Top 10) PB Analysis vs VINYL CHEMICALS (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.04x |
Max industry PB | 14.46x |
Median industry PB | 5.33x |
Average industry PB | 5.61x |
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