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BEST AGROLIFE
PB (Price/Book ) Ratio

The Current P/B Ratio of BEST AGROLIFE is 2.78.

Share Price ₹621.3Apr 30,2024
Market Cap ₹1,466.2 Cr
Book Value₹527.3 CrMar2023 - Consolidated Results
Price/Book 2.78xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BEST AGROLIFE

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 BEST AGROLIFE is calculated as :

Current Market Cap [ ₹1,466.2 Cr] as on Apr 30,2024

(/) Book Value [ ₹527.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.78x ]

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

Thus, for BEST AGROLIFE , the investors are currently willing to pay '2.78 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 BEST AGROLIFE !

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

Historical PB (Price/Book ) ratio chart of BEST AGROLIFE


PB Ratio Performance Analysis for BEST AGROLIFE

- BEST AGROLIFE 's latest p/b ratio is 2.78x.

- BEST AGROLIFE 's p/b ratio for fiscal years ending Mar2023 to Mar2017 averaged 3.85x.

- BEST AGROLIFE 's operated at median p/b ratio of 4.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEST AGROLIFE 's p/b ratio peaked in Mar2021 at 7.84x.

- BEST AGROLIFE 's p/b ratio hit its five-year low in Mar2018 of 0.02x.


How does BEST AGROLIFE 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
BEST AGROLIFE 527.352.781,466.2
PI INDUSTRIES LTD7,201.107.6955,407.5
UPL LTD26,838.001.4238,055.8
BAYER CROPSCIENCE LTD2,712.109.1224,720.8
SUMITOMO CHEMICAL INDIA LTD2,381.788.4020,000.8
BASF INDIA LTD2,695.766.0016,167.4
RALLIS INDIA LTD1,829.002.835,176.8
DHANUKA AGRITECH LTD1,061.305.996,355.7
BHARAT RASAYAN LTD893.314.494,012.9
SHARDA CROPCHEM LTD2,232.021.493,325.5
INDIA PESTICIDES LTD773.153.522,719.6

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs BEST AGROLIFE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.42x
Max industry PB 9.12x
Median industry PB 4.49x
Average industry PB 4.88x



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