GHCL
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The Current P/B Ratio of GHCL is 1.60.
Share Price | ₹498.7 | May 06,2024 |
Market Cap | ₹4,772.1 Cr | |
Book Value | ₹2,978.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.60x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GHCL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,772.1 Cr] as on May 06,2024
(/) Book Value [ ₹2,978.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.60x ]
Thus, for GHCL , the investors are currently willing to pay '1.60 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 GHCL !
The chart below summarizes the trend in P/B Ratio of GHCL over the last five years.
Historical PB (Price/Book ) ratio chart of GHCL
PB Ratio Performance Analysis for GHCL
- GHCL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.09x.
- GHCL 's operated at median p/b ratio of 1.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GHCL 's p/b ratio peaked in Mar2022 at 1.7x.
- GHCL 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
How does GHCL 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GHCL | 2,978.49 | 1.60 | 4,772.1 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.95 | 150,180.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 31.27 | 81,632.0 |
SRF LTD | 10,315.40 | 7.45 | 76,822.9 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 6.77 | 40,217.7 |
DEEPAK NITRITE LTD | 4,089.96 | 8.54 | 34,945.9 |
TATA CHEMICALS LTD | 23,114.00 | 1.19 | 27,586.3 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.71 | 29,603.5 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.52 | 27,171.5 |
ATUL LTD | 5,114.32 | 3.55 | 18,135.2 |
VINATI ORGANICS LTD | 2,218.29 | 7.57 | 16,787.6 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs GHCL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.19x |
Max industry PB | 31.27x |
Median industry PB | 6.77x |
Average industry PB | 8.92x |
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