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CHEMCON SPECIALITY CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of CHEMCON SPECIALITY CHEMICALS is 2.02.

Share Price ₹252.0Apr 18,2024
Market Cap ₹922.1 Cr
Book Value₹457.4 CrMar2023 - Standalone Results
Price/Book 2.02xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of CHEMCON SPECIALITY CHEMICALS

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 CHEMCON SPECIALITY CHEMICALS is calculated as :

Current Market Cap [ ₹922.1 Cr] as on Apr 18,2024

(/) Book Value [ ₹457.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.02x ]

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

Thus, for CHEMCON SPECIALITY CHEMICALS , the investors are currently willing to pay '2.02 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 CHEMCON SPECIALITY CHEMICALS !

The chart below summarizes the trend in P/B Ratio of CHEMCON SPECIALITY CHEMICALS over the last five years.

Historical PB (Price/Book ) ratio chart of CHEMCON SPECIALITY CHEMICALS


PB Ratio Performance Analysis for CHEMCON SPECIALITY CHEMICALS

- CHEMCON SPECIALITY CHEMICALS 's latest p/b ratio is 2.02x.

- CHEMCON SPECIALITY CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.68x.

- CHEMCON SPECIALITY CHEMICALS 's operated at median p/b ratio of 1.84x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHEMCON SPECIALITY CHEMICALS 's p/b ratio peaked in Mar2021 at 4.22x.

- CHEMCON SPECIALITY CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does CHEMCON SPECIALITY CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
CHEMCON SPECIALITY CHEMICALS 457.362.02922.1
PIDILITE INDUSTRIES LTD7,168.6420.37146,024.0
SOLAR INDUSTRIES INDIA LTD2,610.3429.5077,005.2
SRF LTD10,315.407.2875,048.8
GUJARAT FLUOROCHEMICALS LTD5,520.727.1439,437.8
DEEPAK NITRITE LTD4,089.967.6931,435.2
TATA CHEMICALS LTD19,721.001.4328,167.1
GODREJ INDUSTRIES LTD7,974.133.5228,046.3
AARTI INDUSTRIES LTD4,920.065.3426,263.4
ATUL LTD4,671.383.7117,334.1
VINATI ORGANICS LTD2,218.297.6516,975.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs CHEMCON SPECIALITY CHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.43x
Max industry PB 29.50x
Median industry PB 7.14x
Average industry PB 8.69x



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