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GULSHAN POLYOLS
PB (Price/Book ) Ratio

The Current P/B Ratio of GULSHAN POLYOLS is 2.23.

Share Price ₹205.5Apr 24,2024
Market Cap ₹1,282.3 Cr
Book Value₹574.9 CrMar2023 - Consolidated Results
Price/Book 2.23xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GULSHAN POLYOLS

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 GULSHAN POLYOLS is calculated as :

Current Market Cap [ ₹1,282.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹574.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.23x ]

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

Thus, for GULSHAN POLYOLS , the investors are currently willing to pay '2.23 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 GULSHAN POLYOLS !

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

Historical PB (Price/Book ) ratio chart of GULSHAN POLYOLS


PB Ratio Performance Analysis for GULSHAN POLYOLS

- GULSHAN POLYOLS 's latest p/b ratio is 2.23x.

- GULSHAN POLYOLS 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 2.62x.

- GULSHAN POLYOLS 's operated at median p/b ratio of 3.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, GULSHAN POLYOLS 's p/b ratio peaked in Mar2022 at 3.41x.

- GULSHAN POLYOLS 's p/b ratio hit its five-year low in Mar2023 of 1.83x.


How does GULSHAN POLYOLS 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Book ValuePB RatioMarket Cap
GULSHAN POLYOLS 574.872.231,282.3
NESTLE INDIA LTD3,092.7578.03241,319.0
VARUN BEVERAGES LTD6,927.6527.10187,738.0
BRITANNIA INDUSTRIES LTD3,534.2732.90116,290.0
MARICO LTD3,756.0017.5665,966.8
JUBILANT FOODWORKS LTD2,025.4814.3429,046.4
HATSUN AGRO PRODUCT LTD1,572.2515.7724,788.5
DEVYANI INTERNATIONAL LTD953.8421.0620,083.6
BIKAJI FOODS INTERNATIONAL LTD942.4513.9213,118.8
SAPPHIRE FOODS INDIA LTD1,233.767.228,909.7
GODREJ AGROVET LTD2,331.744.4910,468.8

Consumer Food Industry Benchmark (Top 10) PB Analysis vs GULSHAN POLYOLS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.23x
Max industry PB 78.03x
Median industry PB 15.77x
Average industry PB 21.33x



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