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BERGER PAINTS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of BERGER PAINTS INDIA is 13.17.

Share Price ₹507.1Apr 24,2024
Market Cap ₹59,111.9 Cr
Book Value₹4,489.5 CrMar2023 - Consolidated Results
Price/Book 13.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BERGER PAINTS 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 BERGER PAINTS INDIA is calculated as :

Current Market Cap [ ₹59,111.9 Cr] as on Apr 24,2024

(/) Book Value [ ₹4,489.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 13.17x ]

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

Thus, for BERGER PAINTS INDIA , the investors are currently willing to pay '13.17 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 BERGER PAINTS INDIA !

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

Historical PB (Price/Book ) ratio chart of BERGER PAINTS INDIA


PB Ratio Performance Analysis for BERGER PAINTS INDIA

- BERGER PAINTS INDIA 's latest p/b ratio is 13.17x.

- BERGER PAINTS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.60x.

- BERGER PAINTS INDIA 's operated at median p/b ratio of 17.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BERGER PAINTS INDIA 's p/b ratio peaked in Mar2021 at 22.01x.

- BERGER PAINTS INDIA 's p/b ratio hit its five-year low in Mar2023 of 12.58x.


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

Peer Comparison (Paints Industry)Book ValuePB RatioMarket Cap
BERGER PAINTS INDIA 4,489.5413.1759,111.9
ASIAN PAINTS LTD15,965.5017.23275,031.0
KANSAI NEROLAC PAINTS LTD4,529.954.9822,537.6
AKZO NOBEL INDIA LTD1,316.308.4811,166.3
INDIGO PAINTS LTD766.288.176,257.2
SHALIMAR PAINTS LTD315.054.471,406.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 4.47x
Max industry PB 17.23x
Median industry PB 8.48x
Average industry PB 9.41x



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