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VINYL CHEMICALS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of VINYL CHEMICALS (INDIA) is 5.43.

Share Price ₹346.3Dec 20,2024
Market Cap ₹633.7 Cr
Book Value₹116.8 CrMar2024 - Standalone Results
Price/Book 5.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VINYL CHEMICALS (INDIA)

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 VINYL CHEMICALS (INDIA) is calculated as :

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 ]

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

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 latest p/b ratio is 5.43x.

- 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 ValuePB RatioMarket Cap
VINYL CHEMICALS (INDIA) 116.785.43633.7
ADANI ENTERPRISES LTD36,452.107.42270,644.0
REDINGTON LTD7,548.122.1316,085.0
HONASA CONSUMER LTD1,070.467.898,445.4
MMTC LTD1,625.686.8611,157.0
MSTC LTD889.045.334,735.8
LLOYDS ENTERPRISES LTD1,661.573.505,820.0
VERITAS (INDIA) LTD2,510.141.042,623.0
NOVARTIS INDIA LTD744.823.232,402.3
OPTIEMUS INFRACOM LTD426.4814.466,168.0
MISHTANN FOODS LTD203.694.37890.1

Trading Industry Benchmark (Top 10) PB Analysis vs VINYL CHEMICALS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB 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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