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BHAGIRADHA CHEMICALS & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of BHAGIRADHA CHEMICALS & INDUSTRIES is 6.26.

Share Price ₹1,885.4Apr 19,2024
Market Cap ₹1,960.8 Cr
Book Value₹313.3 CrMar2023 - Consolidated Results
Price/Book 6.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BHAGIRADHA CHEMICALS & 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 BHAGIRADHA CHEMICALS & INDUSTRIES is calculated as :

Current Market Cap [ ₹1,960.8 Cr] as on Apr 19,2024

(/) Book Value [ ₹313.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.26x ]

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

Thus, for BHAGIRADHA CHEMICALS & INDUSTRIES , the investors are currently willing to pay '6.26 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 BHAGIRADHA CHEMICALS & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of BHAGIRADHA CHEMICALS & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of BHAGIRADHA CHEMICALS & INDUSTRIES


PB Ratio Performance Analysis for BHAGIRADHA CHEMICALS & INDUSTRIES

- BHAGIRADHA CHEMICALS & INDUSTRIES 's latest p/b ratio is 6.26x.

- BHAGIRADHA CHEMICALS & INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 3.18x.

- BHAGIRADHA CHEMICALS & INDUSTRIES 's operated at median p/b ratio of 3.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, BHAGIRADHA CHEMICALS & INDUSTRIES 's p/b ratio peaked in Mar2022 at 4.44x.

- BHAGIRADHA CHEMICALS & INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.58x.


How does BHAGIRADHA CHEMICALS & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
BHAGIRADHA CHEMICALS & INDUSTRIES 313.256.261,960.8
PI INDUSTRIES LTD7,201.107.8256,277.6
UPL LTD26,838.001.3636,554.6
BAYER CROPSCIENCE LTD2,712.109.4725,689.8
SUMITOMO CHEMICAL INDIA LTD2,381.788.4019,995.8
BASF INDIA LTD2,695.765.8015,622.4
RALLIS INDIA LTD1,730.053.165,467.5
DHANUKA AGRITECH LTD1,061.305.425,749.5
BHARAT RASAYAN LTD893.314.413,938.7
SHARDA CROPCHEM LTD2,232.021.443,223.6
INDIA PESTICIDES LTD773.153.362,601.0

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs BHAGIRADHA CHEMICALS & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.36x
Max industry PB 9.47x
Median industry PB 5.42x
Average industry PB 5.17x



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