ATUL
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The Current P/B Ratio of ATUL is 3.76.
Share Price | ₹5,977.9 | Apr 16,2024 |
Market Cap | ₹17,574.9 Cr | |
Book Value | ₹4,671.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.76x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ATUL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹17,574.9 Cr] as on Apr 16,2024
(/) Book Value [ ₹4,671.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.76x ]
Thus, for ATUL , the investors are currently willing to pay '3.76 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 ATUL !
The chart below summarizes the trend in P/B Ratio of ATUL over the last five years.
Historical PB (Price/Book ) ratio chart of ATUL
PB Ratio Performance Analysis for ATUL
- ATUL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.88x.
- ATUL 's operated at median p/b ratio of 4.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ATUL 's p/b ratio peaked in Mar2022 at 6.87x.
- ATUL 's p/b ratio hit its five-year low in Mar2020 of 3.74x.
How does ATUL 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ATUL | 4,671.38 | 3.76 | 17,574.9 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.44 | 146,535.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 29.31 | 76,520.2 |
SRF LTD | 10,315.40 | 7.23 | 74,630.9 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.04 | 38,858.9 |
DEEPAK NITRITE LTD | 4,089.96 | 7.74 | 31,660.9 |
TATA CHEMICALS LTD | 19,721.00 | 1.43 | 28,183.7 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.55 | 28,302.2 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.52 | 27,164.2 |
VINATI ORGANICS LTD | 2,218.29 | 7.30 | 16,204.5 |
HIMADRI SPECIALITY CHEMICAL LTD | 2,174.14 | 7.00 | 15,228.6 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ATUL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.43x |
Max industry PB | 29.31x |
Median industry PB | 7.04x |
Average industry PB | 9.12x |
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