JG CHEMICALS
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The Current P/B Ratio of JG CHEMICALS is 3.05.
Share Price | ₹310.3 | May 06,2025 |
Market Cap | ₹1,216.4 Cr | |
Book Value | ₹398.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.05x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JG CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,216.4 Cr] as on May 06,2025
(/) Book Value [ ₹398.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.05x ]
Thus, for JG CHEMICALS , the investors are currently willing to pay '3.05 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 JG CHEMICALS !
The chart below summarizes the trend in P/B Ratio of JG CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of JG CHEMICALS
PB Ratio Performance Analysis for JG CHEMICALS
- JG CHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.34x.
- JG CHEMICALS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JG CHEMICALS 's p/b ratio peaked in Mar2024 at 1.69x.
- JG CHEMICALS 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does JG CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JG CHEMICALS | 398.39 | 3.05 | 1,216.4 |
PIDILITE INDUSTRIES LTD | 8,397.31 | 18.19 | 152,747.0 |
SRF LTD | 11,458.80 | 7.57 | 86,699.8 |
SOLAR INDUSTRIES INDIA LTD | 3,305.60 | 36.13 | 119,420.0 |
GUJARAT FLUOROCHEMICALS LTD | 5,936.34 | 7.17 | 42,543.8 |
GODREJ INDUSTRIES LTD | 7,989.07 | 4.69 | 37,445.1 |
DEEPAK NITRITE LTD | 4,796.62 | 5.56 | 26,647.8 |
TATA CHEMICALS LTD | 22,241.00 | 0.93 | 20,790.7 |
HIMADRI SPECIALITY CHEMICAL LTD | 3,721.74 | 5.70 | 21,218.2 |
NAVIN FLUORINE INTERNATIONAL LTD | 2,363.57 | 9.69 | 22,909.4 |
VINATI ORGANICS LTD | 2,301.19 | 7.30 | 16,800.6 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs JG CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.93x |
Max industry PB | 36.13x |
Median industry PB | 7.17x |
Average industry PB | 9.63x |
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