KELTECH ENERGIES
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The Current P/B Ratio of KELTECH ENERGIES is 4.91.
| Share Price | ₹3,989.3 | Apr 19,2024 |
| Market Cap | ₹398.9 Cr | |
| Book Value | ₹81.2 Cr | Mar2023 - Standalone Results |
| Price/Book | 4.91x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of KELTECH ENERGIES
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
Current Market Cap [ ₹398.9 Cr] as on Apr 19,2024
(/) Book Value [ ₹81.2 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.91x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for KELTECH ENERGIES , the investors are currently willing to pay '4.91 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 KELTECH ENERGIES !
The chart below summarizes the trend in P/B Ratio of KELTECH ENERGIES over the last five years.
Thus, for KELTECH ENERGIES , the investors are currently willing to pay '4.91 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 KELTECH ENERGIES !
The chart below summarizes the trend in P/B Ratio of KELTECH ENERGIES over the last five years.
Historical PB (Price/Book ) ratio chart of KELTECH ENERGIES
PB Ratio Performance Analysis for KELTECH ENERGIES
- KELTECH ENERGIES 's latest p/b ratio is 4.91x.
- KELTECH ENERGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.
- KELTECH ENERGIES 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KELTECH ENERGIES 's p/b ratio peaked in Mar2019 at 1.38x.
- KELTECH ENERGIES 's p/b ratio hit its five-year low in Mar2020 of 0.71x.
- KELTECH ENERGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.
- KELTECH ENERGIES 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KELTECH ENERGIES 's p/b ratio peaked in Mar2019 at 1.38x.
- KELTECH ENERGIES 's p/b ratio hit its five-year low in Mar2020 of 0.71x.
How does KELTECH ENERGIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| KELTECH ENERGIES | 81.22 | 4.91 | 398.9 |
| PIDILITE INDUSTRIES LTD | 7,168.64 | 20.06 | 143,804.0 |
| SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 29.56 | 77,156.8 |
| SRF LTD | 10,315.40 | 7.26 | 74,909.5 |
| GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.16 | 39,553.7 |
| DEEPAK NITRITE LTD | 4,089.96 | 7.57 | 30,963.9 |
| TATA CHEMICALS LTD | 19,721.00 | 1.43 | 28,108.5 |
| GODREJ INDUSTRIES LTD | 7,974.13 | 3.49 | 27,857.8 |
| AARTI INDUSTRIES LTD | 4,920.06 | 5.33 | 26,212.7 |
| ATUL LTD | 4,671.38 | 3.72 | 17,360.0 |
| VINATI ORGANICS LTD | 2,218.29 | 7.68 | 17,046.8 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs KELTECH ENERGIES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.43x |
| Max industry PB | 29.56x |
| Median industry PB | 7.16x |
| Average industry PB | 8.92x |
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