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AKZO NOBEL INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of AKZO NOBEL INDIA is 8.45.

Share Price ₹2,444.2Apr 25,2024
Market Cap ₹11,120.9 Cr
Book Value₹1,316.3 CrMar2023 - Consolidated Results
Price/Book 8.45xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AKZO NOBEL 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 AKZO NOBEL INDIA is calculated as :

Current Market Cap [ ₹11,120.9 Cr] as on Apr 25,2024

(/) Book Value [ ₹1,316.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.45x ]

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

Thus, for AKZO NOBEL INDIA , the investors are currently willing to pay '8.45 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 AKZO NOBEL INDIA !

The chart below summarizes the trend in P/B Ratio of AKZO NOBEL INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of AKZO NOBEL INDIA


PB Ratio Performance Analysis for AKZO NOBEL INDIA

- AKZO NOBEL INDIA 's latest p/b ratio is 8.45x.

- AKZO NOBEL INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.66x.

- AKZO NOBEL INDIA 's operated at median p/b ratio of 7.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKZO NOBEL INDIA 's p/b ratio peaked in Mar2021 at 8.16x.

- AKZO NOBEL INDIA 's p/b ratio hit its five-year low in Mar2022 of 6.93x.


How does AKZO NOBEL INDIA 's P/B Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Book ValuePB RatioMarket Cap
AKZO NOBEL INDIA 1,316.308.4511,120.9
ASIAN PAINTS LTD15,965.5017.19274,479.0
BERGER PAINTS INDIA LTD4,489.5413.1358,942.6
KANSAI NEROLAC PAINTS LTD4,529.954.9722,529.5
INDIGO PAINTS LTD766.288.206,282.6
SHALIMAR PAINTS LTD315.054.451,402.6

Paints Industry Benchmark (Top 10) PB Analysis vs AKZO NOBEL INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.45x
Max industry PB 17.19x
Median industry PB 8.45x
Average industry PB 9.40x



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