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INDIA PESTICIDES
PB (Price/Book ) Ratio

The Current P/B Ratio of INDIA PESTICIDES is 3.42.

Share Price ₹229.7Apr 24,2024
Market Cap ₹2,645.6 Cr
Book Value₹773.1 CrMar2023 - Consolidated Results
Price/Book 3.42xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDIA PESTICIDES

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 INDIA PESTICIDES is calculated as :

Current Market Cap [ ₹2,645.6 Cr] as on Apr 24,2024

(/) Book Value [ ₹773.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.42x ]

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

Thus, for INDIA PESTICIDES , the investors are currently willing to pay '3.42 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 INDIA PESTICIDES !

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

Historical PB (Price/Book ) ratio chart of INDIA PESTICIDES


PB Ratio Performance Analysis for INDIA PESTICIDES

- INDIA PESTICIDES 's latest p/b ratio is 3.42x.

- INDIA PESTICIDES 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 2.65x.

- INDIA PESTICIDES 's operated at median p/b ratio of 3.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, INDIA PESTICIDES 's p/b ratio peaked in Mar2022 at 4.86x.

- INDIA PESTICIDES 's p/b ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
INDIA PESTICIDES 773.153.422,645.6
PI INDUSTRIES LTD7,201.107.9156,945.9
UPL LTD26,838.001.3937,425.3
BAYER CROPSCIENCE LTD2,712.109.1624,846.9
SUMITOMO CHEMICAL INDIA LTD2,381.788.3819,950.9
BASF INDIA LTD2,695.765.7315,438.9
RALLIS INDIA LTD1,829.002.825,160.2
DHANUKA AGRITECH LTD1,061.305.816,161.1
BHARAT RASAYAN LTD893.314.544,058.8
SHARDA CROPCHEM LTD2,232.021.523,391.4
ASTEC LIFESCIENCES LTD419.015.912,478.0

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.39x
Max industry PB 9.16x
Median industry PB 5.73x
Average industry PB 5.14x



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