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HERANBA INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of HERANBA INDUSTRIES is 0.29.

Share Price ₹313.5Apr 19,2024
Market Cap ₹1,253.8 Cr
Book Value₹4,280.9 CrMar2023 - Consolidated Results
Price/Book 0.29xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HERANBA INDUSTRIES

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 HERANBA INDUSTRIES is calculated as :

Current Market Cap [ ₹1,253.8 Cr] as on Apr 19,2024

(/) Book Value [ ₹4,280.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.29x ]

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

Thus, for HERANBA INDUSTRIES , the investors are currently willing to pay '0.29 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 HERANBA INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of HERANBA INDUSTRIES


PB Ratio Performance Analysis for HERANBA INDUSTRIES

- HERANBA INDUSTRIES 's latest p/b ratio is 0.29x.

- HERANBA INDUSTRIES 's p/b ratio for fiscal years ending to Apr 19,2024 averaged nanx.

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

- Looking back at the last 0 fiscal years, HERANBA INDUSTRIES 's p/b ratio peaked in at x.

- HERANBA INDUSTRIES 's p/b ratio hit its five-year low in of x.


How does HERANBA INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
HERANBA INDUSTRIES 4,280.940.291,253.8
PI INDUSTRIES LTD7,201.107.8256,277.6
UPL LTD26,838.001.3636,554.6
BAYER CROPSCIENCE LTD2,712.109.4725,689.8
SUMITOMO CHEMICAL INDIA LTD2,381.788.4019,995.8
BASF INDIA LTD2,695.765.8015,622.4
RALLIS INDIA LTD1,730.053.165,467.5
DHANUKA AGRITECH LTD1,061.305.425,749.5
BHARAT RASAYAN LTD893.314.413,938.7
SHARDA CROPCHEM LTD2,232.021.443,223.6
INDIA PESTICIDES LTD773.153.362,601.0

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs HERANBA INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.29x
Max industry PB 9.47x
Median industry PB 4.41x
Average industry PB 4.63x



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