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ELANTAS BECK INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ELANTAS BECK INDIA is 11.77.

Share Price ₹10,907.2Apr 26,2024
Market Cap ₹8,616.7 Cr
Book Value₹732.0 CrDec2023 - Standalone Results
Price/Book 11.77xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ELANTAS BECK INDIA

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 ELANTAS BECK INDIA is calculated as :

Current Market Cap [ ₹8,616.7 Cr] as on Apr 26,2024

(/) Book Value [ ₹732.0 Cr] based on Dec2023 - Standalone Results

(=) P/B Ratio [ 11.77x ]

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

Thus, for ELANTAS BECK INDIA , the investors are currently willing to pay '11.77 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 ELANTAS BECK INDIA !

The chart below summarizes the trend in P/B Ratio of ELANTAS BECK INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of ELANTAS BECK INDIA


PB Ratio Performance Analysis for ELANTAS BECK INDIA

- ELANTAS BECK INDIA 's latest p/b ratio is 11.77x.

- ELANTAS BECK INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 6.16x.

- ELANTAS BECK INDIA 's operated at median p/b ratio of 5.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELANTAS BECK INDIA 's p/b ratio peaked in Dec2023 at 9.2x.

- ELANTAS BECK INDIA 's p/b ratio hit its five-year low in Dec2020 of 4.95x.


How does ELANTAS BECK INDIA 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
ELANTAS BECK INDIA 731.9911.778,616.7
PIDILITE INDUSTRIES LTD7,168.6421.15151,652.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.4579,493.7
SRF LTD10,315.407.5878,183.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.2740,128.2
DEEPAK NITRITE LTD4,089.968.2633,801.6
TATA CHEMICALS LTD19,721.001.4528,595.1
GODREJ INDUSTRIES LTD7,974.133.6729,278.6
AARTI INDUSTRIES LTD4,920.065.5227,162.4
ATUL LTD5,114.323.4117,455.3
VINATI ORGANICS LTD2,218.297.6616,989.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs ELANTAS BECK INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.45x
Max industry PB 30.45x
Median industry PB 7.58x
Average industry PB 9.84x



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