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DDEV PLASTIKS INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of DDEV PLASTIKS INDUSTRIES is 4.54.

Share Price ₹216.7May 03,2024
Market Cap ₹2,242.3 Cr
Book Value₹494.3 CrMar2023 - Standalone Results
Price/Book 4.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DDEV PLASTIKS 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 DDEV PLASTIKS INDUSTRIES is calculated as :

Current Market Cap [ ₹2,242.3 Cr] as on May 03,2024

(/) Book Value [ ₹494.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 4.54x ]

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

Thus, for DDEV PLASTIKS INDUSTRIES , the investors are currently willing to pay '4.54 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 DDEV PLASTIKS INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of DDEV PLASTIKS INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of DDEV PLASTIKS INDUSTRIES


PB Ratio Performance Analysis for DDEV PLASTIKS INDUSTRIES

- DDEV PLASTIKS INDUSTRIES 's latest p/b ratio is 4.54x.

- DDEV PLASTIKS INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.50x.

- DDEV PLASTIKS INDUSTRIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, DDEV PLASTIKS INDUSTRIES 's p/b ratio peaked in Mar2023 at 1.5x.

- DDEV PLASTIKS INDUSTRIES 's p/b ratio hit its five-year low in Mar2022 of 0x.


How does DDEV PLASTIKS INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
DDEV PLASTIKS INDUSTRIES 494.254.542,242.3
ASTRAL LTD2,709.2020.5255,585.6
SUPREME INDUSTRIES LTD5,108.8312.3763,206.0
FINOLEX INDUSTRIES LTD4,903.073.4316,808.7
RESPONSIVE INDUSTRIES LTD1,003.387.927,950.3
PRINCE PIPES AND FITTINGS LTD1,363.965.116,974.8
EPL LTD1,956.602.955,780.2
JAI CORP LTD1,431.823.935,633.7
TIME TECHNOPLAST LTD2,265.812.756,239.4
GARWARE HITECH FILMS LTD1,855.822.234,129.2
JAIN IRRIGATION SYSTEMS LTD5,135.800.864,442.0

Plastic Products Industry Benchmark (Top 10) PB Analysis vs DDEV PLASTIKS INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.86x
Max industry PB 20.52x
Median industry PB 3.93x
Average industry PB 6.06x



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