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NILKAMAL
PB (Price/Book ) Ratio

The Current P/B Ratio of NILKAMAL is 1.93.

Share Price ₹1,706.3Mar 28,2024
Market Cap ₹2,542.3 Cr
Book Value₹1,314.2 CrMar2023 - Consolidated Results
Price/Book 1.93xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NILKAMAL

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 NILKAMAL is calculated as :

Current Market Cap [ ₹2,542.3 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,314.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.93x ]

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

Thus, for NILKAMAL , the investors are currently willing to pay '1.93 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 NILKAMAL !

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

Historical PB (Price/Book ) ratio chart of NILKAMAL


PB Ratio Performance Analysis for NILKAMAL

- NILKAMAL 's latest p/b ratio is 1.93x.

- NILKAMAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.16x.

- NILKAMAL 's operated at median p/b ratio of 2.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NILKAMAL 's p/b ratio peaked in Mar2021 at 2.55x.

- NILKAMAL 's p/b ratio hit its five-year low in Mar2020 of 1.45x.


How does NILKAMAL 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
NILKAMAL 1,314.221.932,542.3
ASTRAL LTD2,709.2019.7453,468.9
SUPREME INDUSTRIES LTD4,402.1212.2053,703.8
FINOLEX INDUSTRIES LTD4,903.073.1215,304.1
RESPONSIVE INDUSTRIES LTD1,003.387.507,527.8
PRINCE PIPES AND FITTINGS LTD1,363.964.456,074.8
EPL LTD1,956.602.905,670.3
JAI CORP LTD1,431.823.525,040.3
TIME TECHNOPLAST LTD2,265.812.505,659.6
GARWARE HITECH FILMS LTD1,855.822.194,057.2
JAIN IRRIGATION SYSTEMS LTD5,135.800.643,267.3

Plastic Products Industry Benchmark (Top 10) PB Analysis vs NILKAMAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.64x
Max industry PB 19.74x
Median industry PB 3.12x
Average industry PB 5.52x



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