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PODDAR PIGMENTS
PB (Price/Book ) Ratio

The Current P/B Ratio of PODDAR PIGMENTS is 1.25.

Share Price ₹345.1Apr 19,2024
Market Cap ₹365.8 Cr
Book Value₹293.7 CrMar2023 - Standalone Results
Price/Book 1.25xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PODDAR PIGMENTS

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 PODDAR PIGMENTS is calculated as :

Current Market Cap [ ₹365.8 Cr] as on Apr 19,2024

(/) Book Value [ ₹293.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.25x ]

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

Thus, for PODDAR PIGMENTS , the investors are currently willing to pay '1.25 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 PODDAR PIGMENTS !

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

Historical PB (Price/Book ) ratio chart of PODDAR PIGMENTS


PB Ratio Performance Analysis for PODDAR PIGMENTS

- PODDAR PIGMENTS 's latest p/b ratio is 1.25x.

- PODDAR PIGMENTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.84x.

- PODDAR PIGMENTS 's operated at median p/b ratio of 0.84x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PODDAR PIGMENTS 's p/b ratio peaked in Mar2022 at 0.99x.

- PODDAR PIGMENTS 's p/b ratio hit its five-year low in Mar2020 of 0.65x.


How does PODDAR PIGMENTS 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Book ValuePB RatioMarket Cap
PODDAR PIGMENTS 293.711.25365.8
SUDARSHAN CHEMICAL INDUSTRIES LTD824.855.294,365.1
VIDHI SPECIALTY FOOD INGREDIENTS LTD250.739.302,331.2
KIRI INDUSTRIES LTD2,679.290.691,837.5
BODAL CHEMICALS LTD1,076.350.91978.0
BHAGERIA INDUSTRIES LTD506.131.54780.6
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD437.621.25545.6
ASAHI SONGWON COLORS LTD218.591.77386.1
DYNEMIC PRODUCTS LTD182.901.87342.2
VIPUL ORGANICS LTD53.014.17220.8
AKSHARCHEM (INDIA) LTD278.370.78218.5

Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs PODDAR PIGMENTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.69x
Max industry PB 9.30x
Median industry PB 1.54x
Average industry PB 2.62x



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