INDOKEM
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The Current P/B Ratio of INDOKEM is 7.60.
Share Price | ₹95.6 | Apr 16,2024 |
Market Cap | ₹266.8 Cr | |
Book Value | ₹35.1 Cr | Mar2023 - Standalone Results |
Price/Book | 7.60x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDOKEM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹266.8 Cr] as on Apr 16,2024
(/) Book Value [ ₹35.1 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 7.60x ]
Thus, for INDOKEM , the investors are currently willing to pay '7.60 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 INDOKEM !
The chart below summarizes the trend in P/B Ratio of INDOKEM over the last five years.
Historical PB (Price/Book ) ratio chart of INDOKEM
PB Ratio Performance Analysis for INDOKEM
- INDOKEM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.83x.
- INDOKEM 's operated at median p/b ratio of 1.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDOKEM 's p/b ratio peaked in Mar2023 at 7.16x.
- INDOKEM 's p/b ratio hit its five-year low in Mar2020 of 0.8x.
How does INDOKEM 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDOKEM | 35.12 | 7.60 | 266.8 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.44 | 146,535.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 29.31 | 76,520.2 |
SRF LTD | 10,315.40 | 7.23 | 74,630.9 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.04 | 38,858.9 |
DEEPAK NITRITE LTD | 4,089.96 | 7.74 | 31,660.9 |
TATA CHEMICALS LTD | 19,721.00 | 1.43 | 28,183.7 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.55 | 28,302.2 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.52 | 27,164.2 |
ATUL LTD | 4,671.38 | 3.77 | 17,599.8 |
VINATI ORGANICS LTD | 2,218.29 | 7.30 | 16,204.5 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs INDOKEM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.43x |
Max industry PB | 29.31x |
Median industry PB | 7.23x |
Average industry PB | 9.18x |
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