POLYPLEX CORPORATION
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The Current P/B Ratio of POLYPLEX CORPORATION is 0.80.
| Share Price | ₹885.7 | Apr 23,2024 |
| Market Cap | ₹2,780.9 Cr | |
| Book Value | ₹3,483.0 Cr | Mar2023 - Consolidated Results |
| Price/Book | 0.80x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of POLYPLEX CORPORATION
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
Current Market Cap [ ₹2,780.9 Cr] as on Apr 23,2024
(/) Book Value [ ₹3,483.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.80x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for POLYPLEX CORPORATION , the investors are currently willing to pay '0.80 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 POLYPLEX CORPORATION !
The chart below summarizes the trend in P/B Ratio of POLYPLEX CORPORATION over the last five years.
Thus, for POLYPLEX CORPORATION , the investors are currently willing to pay '0.80 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 POLYPLEX CORPORATION !
The chart below summarizes the trend in P/B Ratio of POLYPLEX CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of POLYPLEX CORPORATION
PB Ratio Performance Analysis for POLYPLEX CORPORATION
- POLYPLEX CORPORATION 's latest p/b ratio is 0.80x.
- POLYPLEX CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.03x.
- POLYPLEX CORPORATION 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POLYPLEX CORPORATION 's p/b ratio peaked in Mar2022 at 2.3x.
- POLYPLEX CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.32x.
- POLYPLEX CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.03x.
- POLYPLEX CORPORATION 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POLYPLEX CORPORATION 's p/b ratio peaked in Mar2022 at 2.3x.
- POLYPLEX CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.32x.
How does POLYPLEX CORPORATION 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| POLYPLEX CORPORATION | 3,482.95 | 0.80 | 2,780.9 |
| ASTRAL LTD | 2,709.20 | 19.43 | 52,626.7 |
| SUPREME INDUSTRIES LTD | 4,402.12 | 12.10 | 53,251.6 |
| FINOLEX INDUSTRIES LTD | 4,903.07 | 3.23 | 15,819.1 |
| RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.65 | 7,675.7 |
| PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 5.04 | 6,869.2 |
| EPL LTD | 1,956.60 | 2.90 | 5,667.1 |
| JAI CORP LTD | 1,431.82 | 4.00 | 5,729.1 |
| TIME TECHNOPLAST LTD | 2,265.81 | 2.66 | 6,037.5 |
| GARWARE HITECH FILMS LTD | 1,855.82 | 2.18 | 4,043.1 |
| JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.77 | 3,960.8 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs POLYPLEX CORPORATION 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.77x |
| Max industry PB | 19.43x |
| Median industry PB | 3.23x |
| Average industry PB | 5.52x |
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