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DEEP POLYMERS
PB (Price/Book ) Ratio

The Current P/B Ratio of DEEP POLYMERS is 3.34.

Share Price ₹92.8May 02,2024
Market Cap ₹224.6 Cr
Book Value₹67.3 CrMar2023 - Consolidated Results
Price/Book 3.34xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DEEP POLYMERS

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 DEEP POLYMERS is calculated as :

Current Market Cap [ ₹224.6 Cr] as on May 02,2024

(/) Book Value [ ₹67.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.34x ]

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

Thus, for DEEP POLYMERS , the investors are currently willing to pay '3.34 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 DEEP POLYMERS !

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

Historical PB (Price/Book ) ratio chart of DEEP POLYMERS


PB Ratio Performance Analysis for DEEP POLYMERS

- DEEP POLYMERS 's latest p/b ratio is 3.34x.

- DEEP POLYMERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.83x.

- DEEP POLYMERS 's operated at median p/b ratio of 2.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DEEP POLYMERS 's p/b ratio peaked in Mar2022 at 6.88x.

- DEEP POLYMERS 's p/b ratio hit its five-year low in Mar2019 of 2.53x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
DEEP POLYMERS 67.273.34224.6
PIDILITE INDUSTRIES LTD7,168.6421.21152,013.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.7380,217.6
SRF LTD10,315.407.6779,083.2
GUJARAT FLUOROCHEMICALS LTD5,520.727.2239,882.1
DEEPAK NITRITE LTD4,089.968.2733,805.0
TATA CHEMICALS LTD23,114.001.2128,041.0
GODREJ INDUSTRIES LTD7,974.133.7730,073.2
AARTI INDUSTRIES LTD4,920.065.4726,921.4
ATUL LTD5,114.323.4517,658.6
VINATI ORGANICS LTD2,218.297.6216,913.6

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.21x
Max industry PB 30.73x
Median industry PB 7.22x
Average industry PB 9.09x



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