Home > PB Ratio > DIAMINES & CHEMICALS

DIAMINES & CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of DIAMINES & CHEMICALS is 3.94.

Share Price ₹541.0May 07,2024
Market Cap ₹530.1 Cr
Book Value₹134.5 CrMar2023 - Consolidated Results
Price/Book 3.94xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for DIAMINES & CHEMICALS
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of DIAMINES & 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 DIAMINES & CHEMICALS is calculated as :

Current Market Cap [ ₹530.1 Cr] as on May 07,2024

(/) Book Value [ ₹134.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.94x ]

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

Thus, for DIAMINES & CHEMICALS , the investors are currently willing to pay '3.94 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 DIAMINES & CHEMICALS !

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

Historical PB (Price/Book ) ratio chart of DIAMINES & CHEMICALS


PB Ratio Performance Analysis for DIAMINES & CHEMICALS

- DIAMINES & CHEMICALS 's latest p/b ratio is 3.94x.

- DIAMINES & CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2015 averaged 2.12x.

- DIAMINES & CHEMICALS 's operated at median p/b ratio of 2.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIAMINES & CHEMICALS 's p/b ratio peaked in Mar2021 at 3.04x.

- DIAMINES & CHEMICALS 's p/b ratio hit its five-year low in Mar2015 of 0.9x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
DIAMINES & CHEMICALS 134.453.94530.1
PIDILITE INDUSTRIES LTD7,168.6420.93150,073.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.0178,342.2
SRF LTD11,478.006.2371,564.4
GUJARAT FLUOROCHEMICALS LTD5,936.346.4838,476.1
DEEPAK NITRITE LTD4,089.968.3834,261.2
TATA CHEMICALS LTD23,114.001.1727,126.4
GODREJ INDUSTRIES LTD7,974.133.7129,576.6
AARTI INDUSTRIES LTD4,920.065.2825,978.8
ATUL LTD5,114.323.5217,989.9
VINATI ORGANICS LTD2,218.297.4816,597.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.17x
Max industry PB 30.01x
Median industry PB 6.23x
Average industry PB 8.83x



You may also like the below Video Courses