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PLASTIBLENDS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of PLASTIBLENDS INDIA is 1.79.

Share Price ₹271.9Apr 30,2024
Market Cap ₹706.9 Cr
Book Value₹395.0 CrMar2023 - Standalone Results
Price/Book 1.79xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PLASTIBLENDS INDIA

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 PLASTIBLENDS INDIA is calculated as :

Current Market Cap [ ₹706.9 Cr] as on Apr 30,2024

(/) Book Value [ ₹395.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.79x ]

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

Thus, for PLASTIBLENDS INDIA , the investors are currently willing to pay '1.79 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 PLASTIBLENDS INDIA !

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

Historical PB (Price/Book ) ratio chart of PLASTIBLENDS INDIA


PB Ratio Performance Analysis for PLASTIBLENDS INDIA

- PLASTIBLENDS INDIA 's latest p/b ratio is 1.79x.

- PLASTIBLENDS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.43x.

- PLASTIBLENDS INDIA 's operated at median p/b ratio of 1.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PLASTIBLENDS INDIA 's p/b ratio peaked in Mar2019 at 1.93x.

- PLASTIBLENDS INDIA 's p/b ratio hit its five-year low in Mar2023 of 1x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
PLASTIBLENDS INDIA 395.001.79706.9
PIDILITE INDUSTRIES LTD7,168.6421.61154,950.0
SOLAR INDUSTRIES INDIA LTD2,610.3431.0981,159.6
SRF LTD10,315.407.5377,638.1
GUJARAT FLUOROCHEMICALS LTD5,520.727.1839,664.1
DEEPAK NITRITE LTD4,089.968.1033,123.7
TATA CHEMICALS LTD23,114.001.1827,317.5
GODREJ INDUSTRIES LTD7,974.134.0632,344.2
AARTI INDUSTRIES LTD4,920.065.4726,888.7
ATUL LTD5,114.323.4517,621.8
VINATI ORGANICS LTD2,218.297.6316,927.0

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.18x
Max industry PB 31.09x
Median industry PB 7.18x
Average industry PB 9.01x



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