Home > PB Ratio > ARCHEAN CHEMICAL INDUSTRIES

ARCHEAN CHEMICAL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of ARCHEAN CHEMICAL INDUSTRIES is 4.45.

Share Price ₹613.3May 30,2024
Market Cap ₹7,567.5 Cr
Book Value₹1,701.6 CrMar2024 - Consolidated Results
Price/Book 4.45xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for ARCHEAN CHEMICAL INDUSTRIES
Please provide your vote to see the results
ARCHEAN CHEMICAL INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of ARCHEAN CHEMICAL INDUSTRIES

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 ARCHEAN CHEMICAL INDUSTRIES is calculated as :

Current Market Cap [ ₹7,567.5 Cr] as on May 30,2024

(/) Book Value [ ₹1,701.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.45x ]

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

Thus, for ARCHEAN CHEMICAL INDUSTRIES , the investors are currently willing to pay '4.45 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 ARCHEAN CHEMICAL INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of ARCHEAN CHEMICAL INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of ARCHEAN CHEMICAL INDUSTRIES


PB Ratio Performance Analysis for ARCHEAN CHEMICAL INDUSTRIES

- ARCHEAN CHEMICAL INDUSTRIES 's latest p/b ratio is 4.45x.

- ARCHEAN CHEMICAL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2018 averaged 1.13x.

- ARCHEAN CHEMICAL INDUSTRIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARCHEAN CHEMICAL INDUSTRIES 's p/b ratio peaked in Mar2023 at 5.63x.

- ARCHEAN CHEMICAL INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 0x.


How does ARCHEAN CHEMICAL INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
ARCHEAN CHEMICAL INDUSTRIES 1,701.554.457,567.5
PIDILITE INDUSTRIES LTD8,407.1618.14152,476.0
SOLAR INDUSTRIES INDIA LTD3,305.6025.1683,166.2
SRF LTD11,478.005.7465,837.4
GUJARAT FLUOROCHEMICALS LTD5,936.345.6433,461.4
DEEPAK NITRITE LTD4,796.626.2129,791.7
TATA CHEMICALS LTD23,114.001.1526,591.5
GODREJ INDUSTRIES LTD8,001.313.3827,056.5
AARTI INDUSTRIES LTD5,290.004.1922,154.4
ATUL LTD5,114.323.2716,711.4
VINATI ORGANICS LTD2,461.567.4418,321.9

Chemicals Industry Benchmark (Top 10) PB Analysis vs ARCHEAN CHEMICAL INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.15x
Max industry PB 25.16x
Median industry PB 5.64x
Average industry PB 7.71x



You may also like the below Video Courses