AETHER INDUSTRIES
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The Current P/B Ratio of AETHER INDUSTRIES is 8.96.
Share Price | ₹840.4 | Apr 26,2024 |
Market Cap | ₹11,143.0 Cr | |
Book Value | ₹1,243.1 Cr | Mar2023 - Consolidated Results |
Price/Book | 8.96x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AETHER INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,143.0 Cr] as on Apr 26,2024
(/) Book Value [ ₹1,243.1 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 8.96x ]
Thus, for AETHER INDUSTRIES , the investors are currently willing to pay '8.96 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 AETHER INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of AETHER INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of AETHER INDUSTRIES
PB Ratio Performance Analysis for AETHER INDUSTRIES
- AETHER INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 4.70x.
- AETHER INDUSTRIES 's operated at median p/b ratio of 9.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, AETHER INDUSTRIES 's p/b ratio peaked in Mar2023 at 9.39x.
- AETHER INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does AETHER INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AETHER INDUSTRIES | 1,243.05 | 8.96 | 11,143.0 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 21.15 | 151,652.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 30.45 | 79,493.7 |
SRF LTD | 10,315.40 | 7.58 | 78,183.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.27 | 40,128.2 |
DEEPAK NITRITE LTD | 4,089.96 | 8.26 | 33,801.6 |
TATA CHEMICALS LTD | 19,721.00 | 1.45 | 28,595.1 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.67 | 29,278.6 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.52 | 27,162.4 |
ATUL LTD | 5,114.32 | 3.41 | 17,455.3 |
VINATI ORGANICS LTD | 2,218.29 | 7.66 | 16,989.2 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs AETHER INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.45x |
Max industry PB | 30.45x |
Median industry PB | 7.58x |
Average industry PB | 9.58x |
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