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ORIENTAL CARBON & CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of ORIENTAL CARBON & CHEMICALS is 1.29.

Share Price ₹777.8Apr 19,2024
Market Cap ₹777.8 Cr
Book Value₹602.3 CrMar2023 - Consolidated Results
Price/Book 1.29xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ORIENTAL CARBON & CHEMICALS

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 ORIENTAL CARBON & CHEMICALS is calculated as :

Current Market Cap [ ₹777.8 Cr] as on Apr 19,2024

(/) Book Value [ ₹602.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.29x ]

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

Thus, for ORIENTAL CARBON & CHEMICALS , the investors are currently willing to pay '1.29 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 ORIENTAL CARBON & CHEMICALS !

The chart below summarizes the trend in P/B Ratio of ORIENTAL CARBON & CHEMICALS over the last five years.

Historical PB (Price/Book ) ratio chart of ORIENTAL CARBON & CHEMICALS


PB Ratio Performance Analysis for ORIENTAL CARBON & CHEMICALS

- ORIENTAL CARBON & CHEMICALS 's latest p/b ratio is 1.29x.

- ORIENTAL CARBON & CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.65x.

- ORIENTAL CARBON & CHEMICALS 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENTAL CARBON & CHEMICALS 's p/b ratio peaked in Mar2019 at 2.79x.

- ORIENTAL CARBON & CHEMICALS 's p/b ratio hit its five-year low in Mar2023 of 1.1x.


How does ORIENTAL CARBON & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
ORIENTAL CARBON & CHEMICALS 602.331.29777.8
PIDILITE INDUSTRIES LTD7,168.6420.06143,804.0
SOLAR INDUSTRIES INDIA LTD2,610.3429.5677,156.8
SRF LTD10,315.407.2674,909.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.1639,553.7
DEEPAK NITRITE LTD4,089.967.5730,963.9
TATA CHEMICALS LTD19,721.001.4328,108.5
GODREJ INDUSTRIES LTD7,974.133.4927,857.8
AARTI INDUSTRIES LTD4,920.065.3326,212.7
ATUL LTD4,671.383.7217,360.0
VINATI ORGANICS LTD2,218.297.6817,046.8

Chemicals Industry Benchmark (Top 10) PB Analysis vs ORIENTAL CARBON & CHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.29x
Max industry PB 29.56x
Median industry PB 7.16x
Average industry PB 8.60x



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