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CHEMFAB ALKALIS
PB (Price/Book ) Ratio

The Current P/B Ratio of CHEMFAB ALKALIS is 2.56.

Share Price ₹648.4Mar 28,2024
Market Cap ₹920.7 Cr
Book Value₹360.0 CrMar2023 - Consolidated Results
Price/Book 2.56xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of CHEMFAB ALKALIS

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 CHEMFAB ALKALIS is calculated as :

Current Market Cap [ ₹920.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹360.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.56x ]

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

Thus, for CHEMFAB ALKALIS , the investors are currently willing to pay '2.56 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 CHEMFAB ALKALIS !

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

Historical PB (Price/Book ) ratio chart of CHEMFAB ALKALIS


PB Ratio Performance Analysis for CHEMFAB ALKALIS

- CHEMFAB ALKALIS 's latest p/b ratio is 2.56x.

- CHEMFAB ALKALIS 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.80x.

- CHEMFAB ALKALIS 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, CHEMFAB ALKALIS 's p/b ratio peaked in Mar2022 at 1.19x.

- CHEMFAB ALKALIS 's p/b ratio hit its five-year low in Mar2020 of 0.47x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
CHEMFAB ALKALIS 360.022.56920.7
PIDILITE INDUSTRIES LTD7,168.6421.39153,333.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.4679,505.0
SRF LTD10,315.407.3575,812.1
GUJARAT FLUOROCHEMICALS LTD5,520.726.1634,024.9
DEEPAK NITRITE LTD4,089.967.0828,937.8
TATA CHEMICALS LTD19,721.001.4027,529.0
GODREJ INDUSTRIES LTD7,974.133.3026,275.3
AARTI INDUSTRIES LTD4,920.064.9124,155.5
ATUL LTD4,671.383.6216,894.3
VINATI ORGANICS LTD2,218.296.8715,249.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.40x
Max industry PB 30.46x
Median industry PB 6.16x
Average industry PB 8.64x



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