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KIRI INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of KIRI INDUSTRIES is 0.73.

Share Price ₹379.4Apr 24,2024
Market Cap ₹1,965.3 Cr
Book Value₹2,679.3 CrMar2023 - Consolidated Results
Price/Book 0.73xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KIRI INDUSTRIES

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

Applying the above formula, P/B ratio of KIRI INDUSTRIES is calculated as :

Current Market Cap [ ₹1,965.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹2,679.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.73x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for KIRI INDUSTRIES , the investors are currently willing to pay '0.73 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 KIRI INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of KIRI INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of KIRI INDUSTRIES


PB Ratio Performance Analysis for KIRI INDUSTRIES

- KIRI INDUSTRIES 's latest p/b ratio is 0.73x.

- KIRI INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.73x.

- KIRI INDUSTRIES 's operated at median p/b ratio of 0.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRI INDUSTRIES 's p/b ratio peaked in Mar2022 at 0.99x.

- KIRI INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.47x.


How does KIRI INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Book ValuePB RatioMarket Cap
KIRI INDUSTRIES 2,679.290.731,965.3
SUDARSHAN CHEMICAL INDUSTRIES LTD824.856.215,125.2
VIDHI SPECIALTY FOOD INGREDIENTS LTD250.739.442,365.9
BODAL CHEMICALS LTD1,076.350.941,008.8
BHAGERIA INDUSTRIES LTD506.131.54781.5
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD437.621.36593.1
ASAHI SONGWON COLORS LTD218.591.95425.9
PODDAR PIGMENTS LTD293.711.25368.1
DYNEMIC PRODUCTS LTD182.901.98361.3
VIPUL ORGANICS LTD53.014.48237.3
AKSHARCHEM (INDIA) LTD278.370.81225.7

Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs KIRI INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.73x
Max industry PB 9.44x
Median industry PB 1.54x
Average industry PB 2.79x



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