IVP
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The Current P/B Ratio of IVP is 1.37.
Share Price | ₹157.9 | Mar 27,2024 |
Market Cap | ₹162.6 Cr | |
Book Value | ₹118.7 Cr | Mar2023 - Standalone Results |
Price/Book | 1.37x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of IVP
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹162.6 Cr] as on Mar 27,2024
(/) Book Value [ ₹118.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.37x ]
Thus, for IVP , the investors are currently willing to pay '1.37 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 IVP !
The chart below summarizes the trend in P/B Ratio of IVP over the last five years.
Historical PB (Price/Book ) ratio chart of IVP
PB Ratio Performance Analysis for IVP
- IVP 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.
- IVP 's operated at median p/b ratio of 1.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IVP 's p/b ratio peaked in Mar2022 at 1.67x.
- IVP 's p/b ratio hit its five-year low in Mar2020 of 0.46x.
How does IVP 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
IVP | 118.68 | 1.37 | 162.6 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 21.21 | 152,064.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 30.76 | 80,288.7 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 6.19 | 34,150.2 |
DEEPAK NITRITE LTD | 4,089.96 | 7.19 | 29,400.9 |
TATA CHEMICALS LTD | 19,721.00 | 1.43 | 28,299.6 |
ATUL LTD | 4,671.38 | 3.65 | 17,035.9 |
AARTI INDUSTRIES LTD | 4,920.06 | 4.84 | 23,823.8 |
NAVIN FLUORINE INTERNATIONAL LTD | 2,167.33 | 7.17 | 15,538.3 |
VINATI ORGANICS LTD | 2,218.29 | 7.04 | 15,614.6 |
FINE ORGANIC INDUSTRIES LTD | 1,541.25 | 8.12 | 12,515.7 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs IVP 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.37x |
Max industry PB | 30.76x |
Median industry PB | 7.04x |
Average industry PB | 9.00x |
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