PONDY OXIDES & CHEMICALS
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The Current P/B Ratio of PONDY OXIDES & CHEMICALS is 3.13.
Share Price | ₹715.1 | Apr 24,2024 |
Market Cap | ₹829.5 Cr | |
Book Value | ₹264.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.13x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PONDY OXIDES & CHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹829.5 Cr] as on Apr 24,2024
(/) Book Value [ ₹264.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.13x ]
Thus, for PONDY OXIDES & CHEMICALS , the investors are currently willing to pay '3.13 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 PONDY OXIDES & CHEMICALS !
The chart below summarizes the trend in P/B Ratio of PONDY OXIDES & CHEMICALS over the last five years.
Historical PB (Price/Book ) ratio chart of PONDY OXIDES & CHEMICALS
PB Ratio Performance Analysis for PONDY OXIDES & CHEMICALS
- PONDY OXIDES & CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2011 averaged 0.83x.
- PONDY OXIDES & CHEMICALS 's operated at median p/b ratio of 0.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PONDY OXIDES & CHEMICALS 's p/b ratio peaked in Mar2023 at 1.3x.
- PONDY OXIDES & CHEMICALS 's p/b ratio hit its five-year low in Mar2014 of 0.57x.
How does PONDY OXIDES & CHEMICALS 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PONDY OXIDES & CHEMICALS | 264.76 | 3.13 | 829.5 |
HINDUSTAN ZINC LTD | 15,195.00 | 11.39 | 173,090.0 |
HINDALCO INDUSTRIES LTD | 95,004.00 | 1.51 | 142,990.0 |
VEDANTA LTD | 39,255.00 | 3.63 | 142,462.0 |
HINDUSTAN COPPER LTD | 2,082.17 | 17.63 | 36,703.4 |
GRAVITA INDIA LTD | 588.93 | 11.35 | 6,687.0 |
SHIVALIK BIMETAL CONTROLS LTD | 265.50 | 12.60 | 3,345.1 |
BHARAT WIRE ROPES LTD | 560.15 | 3.66 | 2,052.2 |
RAM RATNA WIRES LTD | 311.65 | 4.79 | 1,492.0 |
NILE LTD | 199.62 | 2.09 | 418.1 |
RAJNANDINI METAL LTD | 41.43 | 7.21 | 298.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs PONDY OXIDES & CHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.51x |
Max industry PB | 17.63x |
Median industry PB | 4.79x |
Average industry PB | 7.18x |
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