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MANALI PETROCHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of MANALI PETROCHEMICALS is 1.28.

Share Price ₹77.5Apr 26,2024
Market Cap ₹1,333.0 Cr
Book Value₹1,044.4 CrMar2023 - Consolidated Results
Price/Book 1.28xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MANALI PETROCHEMICALS

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 MANALI PETROCHEMICALS is calculated as :

Current Market Cap [ ₹1,333.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹1,044.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.28x ]

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

Thus, for MANALI PETROCHEMICALS , the investors are currently willing to pay '1.28 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 MANALI PETROCHEMICALS !

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

Historical PB (Price/Book ) ratio chart of MANALI PETROCHEMICALS


PB Ratio Performance Analysis for MANALI PETROCHEMICALS

- MANALI PETROCHEMICALS 's latest p/b ratio is 1.28x.

- MANALI PETROCHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.12x.

- MANALI PETROCHEMICALS 's operated at median p/b ratio of 0.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANALI PETROCHEMICALS 's p/b ratio peaked in Mar2022 at 1.81x.

- MANALI PETROCHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.36x.


How does MANALI PETROCHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
MANALI PETROCHEMICALS 1,044.371.281,333.0
PIDILITE INDUSTRIES LTD7,168.6421.15151,652.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.4579,493.7
SRF LTD10,315.407.5878,183.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.2740,128.2
DEEPAK NITRITE LTD4,089.968.2633,801.6
TATA CHEMICALS LTD19,721.001.4528,595.1
GODREJ INDUSTRIES LTD7,974.133.6729,278.6
AARTI INDUSTRIES LTD4,920.065.5227,162.4
ATUL LTD4,671.383.7417,455.3
VINATI ORGANICS LTD2,218.297.6616,989.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs MANALI PETROCHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.28x
Max industry PB 30.45x
Median industry PB 7.27x
Average industry PB 8.91x



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