Home > PB Ratio > NARMADA GELATINES

NARMADA GELATINES
PB (Price/Book ) Ratio

The Current P/B Ratio of NARMADA GELATINES is 2.46.

Share Price ₹385.0Apr 24,2024
Market Cap ₹231.0 Cr
Book Value₹93.9 CrMar2023 - Standalone Results
Price/Book 2.46xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for NARMADA GELATINES
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of NARMADA GELATINES

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 NARMADA GELATINES is calculated as :

Current Market Cap [ ₹231.0 Cr] as on Apr 24,2024

(/) Book Value [ ₹93.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.46x ]

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

Thus, for NARMADA GELATINES , the investors are currently willing to pay '2.46 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 NARMADA GELATINES !

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

Historical PB (Price/Book ) ratio chart of NARMADA GELATINES


PB Ratio Performance Analysis for NARMADA GELATINES

- NARMADA GELATINES 's latest p/b ratio is 2.46x.

- NARMADA GELATINES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.90x.

- NARMADA GELATINES 's operated at median p/b ratio of 0.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NARMADA GELATINES 's p/b ratio peaked in Mar2023 at 1.88x.

- NARMADA GELATINES 's p/b ratio hit its five-year low in Mar2020 of 0.52x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
NARMADA GELATINES 93.892.46231.0
PIDILITE INDUSTRIES LTD7,168.6420.94150,106.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.5179,629.4
SRF LTD10,315.407.5277,525.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.3040,277.6
DEEPAK NITRITE LTD4,089.967.9732,593.8
TATA CHEMICALS LTD19,721.001.4628,695.8
GODREJ INDUSTRIES LTD7,974.133.5928,601.9
AARTI INDUSTRIES LTD4,920.065.5127,108.1
ATUL LTD4,671.383.7217,368.3
VINATI ORGANICS LTD2,218.297.6717,007.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.46x
Max industry PB 30.51x
Median industry PB 7.30x
Average industry PB 8.97x



You may also like the below Video Courses