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ANDHRA PETROCHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of ANDHRA PETROCHEMICALS is 1.54.

Share Price ₹91.4Apr 19,2024
Market Cap ₹777.0 Cr
Book Value₹505.2 CrMar2023 - Standalone Results
Price/Book 1.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ANDHRA PETROCHEMICALS

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 ANDHRA PETROCHEMICALS is calculated as :

Current Market Cap [ ₹777.0 Cr] as on Apr 19,2024

(/) Book Value [ ₹505.2 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.54x ]

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

Thus, for ANDHRA PETROCHEMICALS , the investors are currently willing to pay '1.54 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 ANDHRA PETROCHEMICALS !

The chart below summarizes the trend in P/B Ratio of ANDHRA PETROCHEMICALS over the last five years.

Historical PB (Price/Book ) ratio chart of ANDHRA PETROCHEMICALS


PB Ratio Performance Analysis for ANDHRA PETROCHEMICALS

- ANDHRA PETROCHEMICALS 's latest p/b ratio is 1.54x.

- ANDHRA PETROCHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.36x.

- ANDHRA PETROCHEMICALS 's operated at median p/b ratio of 1.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ANDHRA PETROCHEMICALS 's p/b ratio peaked in Mar2019 at 2.05x.

- ANDHRA PETROCHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.63x.


How does ANDHRA PETROCHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
ANDHRA PETROCHEMICALS 505.231.54777.0
PIDILITE INDUSTRIES LTD7,168.6420.06143,804.0
SOLAR INDUSTRIES INDIA LTD2,610.3429.5677,156.8
SRF LTD10,315.407.2674,909.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.1639,553.7
DEEPAK NITRITE LTD4,089.967.5730,963.9
TATA CHEMICALS LTD19,721.001.4328,108.5
GODREJ INDUSTRIES LTD7,974.133.4927,857.8
AARTI INDUSTRIES LTD4,920.065.3326,212.7
ATUL LTD4,671.383.7217,360.0
VINATI ORGANICS LTD2,218.297.6817,046.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs ANDHRA PETROCHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.43x
Max industry PB 29.56x
Median industry PB 7.16x
Average industry PB 8.62x



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