JINDAL POLY FILMS
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The Current P/B Ratio of JINDAL POLY FILMS is 0.56.
Share Price | ₹539.7 | Apr 18,2024 |
Market Cap | ₹2,363.9 Cr | |
Book Value | ₹4,207.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.56x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JINDAL POLY FILMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,363.9 Cr] as on Apr 18,2024
(/) Book Value [ ₹4,207.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.56x ]
Thus, for JINDAL POLY FILMS , the investors are currently willing to pay '0.56 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 JINDAL POLY FILMS !
The chart below summarizes the trend in P/B Ratio of JINDAL POLY FILMS over the last five years.
Historical PB (Price/Book ) ratio chart of JINDAL POLY FILMS
PB Ratio Performance Analysis for JINDAL POLY FILMS
- JINDAL POLY FILMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.80x.
- JINDAL POLY FILMS 's operated at median p/b ratio of 0.52x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL POLY FILMS 's p/b ratio peaked in Mar2022 at 1.27x.
- JINDAL POLY FILMS 's p/b ratio hit its five-year low in Mar2020 of 0.47x.
How does JINDAL POLY FILMS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JINDAL POLY FILMS | 4,207.51 | 0.56 | 2,363.9 |
ASTRAL LTD | 2,709.20 | 19.70 | 53,370.8 |
SUPREME INDUSTRIES LTD | 4,402.12 | 12.12 | 53,375.4 |
FINOLEX INDUSTRIES LTD | 4,903.07 | 3.21 | 15,732.2 |
RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.64 | 7,670.3 |
PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 4.92 | 6,712.7 |
EPL LTD | 1,956.60 | 2.89 | 5,652.8 |
JAI CORP LTD | 1,431.82 | 3.71 | 5,306.2 |
TIME TECHNOPLAST LTD | 2,265.81 | 2.61 | 5,907.0 |
GARWARE HITECH FILMS LTD | 1,855.82 | 2.14 | 3,970.7 |
JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.73 | 3,729.1 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs JINDAL POLY FILMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.56x |
Max industry PB | 19.70x |
Median industry PB | 3.21x |
Average industry PB | 5.48x |
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