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COROMANDEL INTERNATIONAL
PB (Price/Book ) Ratio

The Current P/B Ratio of COROMANDEL INTERNATIONAL is 3.70.

Share Price ₹1,184.8Apr 26,2024
Market Cap ₹34,879.0 Cr
Book Value₹9,419.9 CrMar2024 - Consolidated Results
Price/Book 3.70xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of COROMANDEL INTERNATIONAL

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 COROMANDEL INTERNATIONAL is calculated as :

Current Market Cap [ ₹34,879.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹9,419.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.70x ]

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

Thus, for COROMANDEL INTERNATIONAL , the investors are currently willing to pay '3.70 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 COROMANDEL INTERNATIONAL !

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

Historical PB (Price/Book ) ratio chart of COROMANDEL INTERNATIONAL


PB Ratio Performance Analysis for COROMANDEL INTERNATIONAL

- COROMANDEL INTERNATIONAL 's latest p/b ratio is 3.70x.

- COROMANDEL INTERNATIONAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.89x.

- COROMANDEL INTERNATIONAL 's operated at median p/b ratio of 3.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COROMANDEL INTERNATIONAL 's p/b ratio peaked in Mar2021 at 4.42x.

- COROMANDEL INTERNATIONAL 's p/b ratio hit its five-year low in Mar2023 of 3.27x.


How does COROMANDEL INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Fertilizers Industry?

Peer Comparison (Fertilizers Industry)Book ValuePB RatioMarket Cap
COROMANDEL INTERNATIONAL 9,419.903.7034,879.0
THE FERTILISERS AND CHEMICALS TRAVANCORE LTD1,273.9036.6746,712.1
CHAMBAL FERTILISERS AND CHEMICALS LTD7,065.472.4016,939.6
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD9,105.111.1610,570.2
GUJARAT STATE FERTILIZERS & CHEMICALS LTD12,039.900.839,960.0
RASHTRIYA CHEMICALS AND FERTILIZERS LTD4,590.121.828,371.9
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD5,067.001.557,865.8
PARADEEP PHOSPHATES LTD3,502.721.645,740.1
NATIONAL FERTILIZERS LTD2,541.652.045,180.0
MADHYA BHARAT AGRO PRODUCTS LTD328.396.422,109.2
KRISHANA PHOSCHEM LTD261.815.401,414.3

Fertilizers Industry Benchmark (Top 10) PB Analysis vs COROMANDEL INTERNATIONAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 36.67x
Median industry PB 2.04x
Average industry PB 5.78x



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