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BALAJI AMINES
PB (Price/Book ) Ratio

The Current P/B Ratio of BALAJI AMINES is 4.29.

Share Price ₹2,280.5May 18,2024
Market Cap ₹7,388.8 Cr
Book Value₹1,721.9 CrMar2024 - Consolidated Results
Price/Book 4.29xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BALAJI AMINES

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 BALAJI AMINES is calculated as :

Current Market Cap [ ₹7,388.8 Cr] as on May 18,2024

(/) Book Value [ ₹1,721.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.29x ]

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

Thus, for BALAJI AMINES , the investors are currently willing to pay '4.29 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 BALAJI AMINES !

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

Historical PB (Price/Book ) ratio chart of BALAJI AMINES


PB Ratio Performance Analysis for BALAJI AMINES

- BALAJI AMINES 's latest p/b ratio is 4.29x.

- BALAJI AMINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.39x.

- BALAJI AMINES 's operated at median p/b ratio of 4.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BALAJI AMINES 's p/b ratio peaked in Mar2022 at 7.52x.

- BALAJI AMINES 's p/b ratio hit its five-year low in Mar2020 of 1.24x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
BALAJI AMINES 1,721.864.297,388.8
PIDILITE INDUSTRIES LTD8,407.1618.22153,216.0
SOLAR INDUSTRIES INDIA LTD3,305.6024.5781,202.6
SRF LTD11,478.005.8867,541.9
GUJARAT FLUOROCHEMICALS LTD5,936.345.9935,562.8
DEEPAK NITRITE LTD4,089.968.3834,294.0
TATA CHEMICALS LTD23,114.001.1927,503.5
GODREJ INDUSTRIES LTD8,001.313.3126,514.4
AARTI INDUSTRIES LTD5,290.004.3322,893.9
ATUL LTD5,114.323.4417,588.7
VINATI ORGANICS LTD2,461.567.0117,261.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.19x
Max industry PB 24.57x
Median industry PB 5.88x
Average industry PB 7.87x



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