Home > PB Ratio > INDO AMINES

INDO AMINES
PB (Price/Book ) Ratio

The Current P/B Ratio of INDO AMINES is 3.49.

Share Price ₹111.3Mar 28,2024
Market Cap ₹786.5 Cr
Book Value₹225.4 CrMar2023 - Consolidated Results
Price/Book 3.49xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for INDO AMINES
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of INDO AMINES

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 INDO AMINES is calculated as :

Current Market Cap [ ₹786.5 Cr] as on Mar 28,2024

(/) Book Value [ ₹225.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.49x ]

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

Thus, for INDO AMINES , the investors are currently willing to pay '3.49 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 INDO AMINES !

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

Historical PB (Price/Book ) ratio chart of INDO AMINES


PB Ratio Performance Analysis for INDO AMINES

- INDO AMINES 's latest p/b ratio is 3.49x.

- INDO AMINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.27x.

- INDO AMINES 's operated at median p/b ratio of 2.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDO AMINES 's p/b ratio peaked in Mar2022 at 3.52x.

- INDO AMINES 's p/b ratio hit its five-year low in Mar2020 of 0.75x.


How does INDO AMINES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
INDO AMINES 225.373.49786.5
PIDILITE INDUSTRIES LTD7,168.6421.39153,333.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.4679,505.0
SRF LTD10,315.407.3575,812.1
GUJARAT FLUOROCHEMICALS LTD5,520.726.1634,024.9
DEEPAK NITRITE LTD4,089.967.0828,937.8
TATA CHEMICALS LTD19,721.001.4027,529.0
GODREJ INDUSTRIES LTD7,974.133.3026,275.3
AARTI INDUSTRIES LTD4,920.064.9124,155.5
ATUL LTD4,671.383.6216,894.3
VINATI ORGANICS LTD2,218.296.8715,249.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs INDO AMINES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.40x
Max industry PB 30.46x
Median industry PB 6.16x
Average industry PB 8.73x



You may also like the below Video Courses