DIAMINES & CHEMICALS
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The Current P/B Ratio of DIAMINES & CHEMICALS is 3.94.
Share Price | ₹541.0 | May 07,2024 |
Market Cap | ₹530.1 Cr | |
Book Value | ₹134.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.94x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DIAMINES & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
DIAMINES & CHEMICALS | 134.45 | 3.94 | 530.1 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.93 | 150,073.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 30.01 | 78,342.2 |
SRF LTD | 11,478.00 | 6.23 | 71,564.4 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.48 | 38,476.1 |
DEEPAK NITRITE LTD | 4,089.96 | 8.38 | 34,261.2 |
TATA CHEMICALS LTD | 23,114.00 | 1.17 | 27,126.4 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.71 | 29,576.6 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.28 | 25,978.8 |
ATUL LTD | 5,114.32 | 3.52 | 17,989.9 |
VINATI ORGANICS LTD | 2,218.29 | 7.48 | 16,597.4 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs DIAMINES & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.17x |
Max industry PB | 30.01x |
Median industry PB | 6.23x |
Average industry PB | 8.83x |
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