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AKSHARCHEM (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of AKSHARCHEM (INDIA) is 0.75.

Share Price ₹262.1May 10,2024
Market Cap ₹209.7 Cr
Book Value₹278.4 CrMar2023 - Standalone Results
Price/Book 0.75xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AKSHARCHEM (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 AKSHARCHEM (INDIA) is calculated as :

Current Market Cap [ ₹209.7 Cr] as on May 10,2024

(/) Book Value [ ₹278.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 0.75x ]

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

Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay '0.75 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 AKSHARCHEM (INDIA) !

The chart below summarizes the trend in P/B Ratio of AKSHARCHEM (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of AKSHARCHEM (INDIA)


PB Ratio Performance Analysis for AKSHARCHEM (INDIA)

- AKSHARCHEM (INDIA) 's latest p/b ratio is 0.75x.

- AKSHARCHEM (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.76x.

- AKSHARCHEM (INDIA) 's operated at median p/b ratio of 0.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/b ratio peaked in Mar2019 at 1.04x.

- AKSHARCHEM (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.47x.


How does AKSHARCHEM (INDIA) 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Book ValuePB RatioMarket Cap
AKSHARCHEM (INDIA) 278.370.75209.7
SUDARSHAN CHEMICAL INDUSTRIES LTD824.856.034,977.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD250.739.152,294.0
KIRI INDUSTRIES LTD2,679.290.641,718.3
BODAL CHEMICALS LTD1,076.350.85912.6
BHAGERIA INDUSTRIES LTD506.131.40707.7
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD437.621.23540.0
ASAHI SONGWON COLORS LTD218.591.93421.1
PODDAR PIGMENTS LTD293.711.24364.4
DYNEMIC PRODUCTS LTD182.901.77324.2
VIPUL ORGANICS LTD53.014.09216.6

Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs AKSHARCHEM (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.64x
Max industry PB 9.15x
Median industry PB 1.40x
Average industry PB 2.64x



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