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PANAMA PETROCHEM
PB (Price/Book ) Ratio

The Current P/B Ratio of PANAMA PETROCHEM is 2.12.

Share Price ₹334.2Apr 16,2024
Market Cap ₹2,021.6 Cr
Book Value₹952.1 CrMar2023 - Consolidated Results
Price/Book 2.12xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PANAMA PETROCHEM

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 PANAMA PETROCHEM is calculated as :

Current Market Cap [ ₹2,021.6 Cr] as on Apr 16,2024

(/) Book Value [ ₹952.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.12x ]

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

Thus, for PANAMA PETROCHEM , the investors are currently willing to pay '2.12 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 PANAMA PETROCHEM !

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

Historical PB (Price/Book ) ratio chart of PANAMA PETROCHEM


PB Ratio Performance Analysis for PANAMA PETROCHEM

- PANAMA PETROCHEM 's latest p/b ratio is 2.12x.

- PANAMA PETROCHEM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.57x.

- PANAMA PETROCHEM 's operated at median p/b ratio of 1.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANAMA PETROCHEM 's p/b ratio peaked in Mar2022 at 2.09x.

- PANAMA PETROCHEM 's p/b ratio hit its five-year low in Mar2020 of 0.42x.


How does PANAMA PETROCHEM 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Book ValuePB RatioMarket Cap
PANAMA PETROCHEM 952.082.122,021.6
CASTROL INDIA LTD2,042.7410.0820,598.5
GULF OIL LUBRICANTS INDIA LTD1,167.674.164,858.3
SAVITA OIL TECHNOLOGIES LTD1,449.052.623,802.9
TIDE WATER OIL COMPANY (INDIA) LTD763.603.632,768.1
GP PETROLEUMS LTD276.181.22338.0

Lubricants Industry Benchmark (Top 10) PB Analysis vs PANAMA PETROCHEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.22x
Max industry PB 10.08x
Median industry PB 3.63x
Average industry PB 3.97x



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