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PREMIER POLYFILM
PB (Price/Book ) Ratio

The Current P/B Ratio of PREMIER POLYFILM is 5.60.

Share Price ₹198.2May 14,2024
Market Cap ₹414.1 Cr
Book Value₹73.9 CrMar2023 - Standalone Results
Price/Book 5.60xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PREMIER POLYFILM

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 PREMIER POLYFILM is calculated as :

Current Market Cap [ ₹414.1 Cr] as on May 14,2024

(/) Book Value [ ₹73.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 5.60x ]

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

Thus, for PREMIER POLYFILM , the investors are currently willing to pay '5.60 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 PREMIER POLYFILM !

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

Historical PB (Price/Book ) ratio chart of PREMIER POLYFILM


PB Ratio Performance Analysis for PREMIER POLYFILM

- PREMIER POLYFILM 's latest p/b ratio is 5.60x.

- PREMIER POLYFILM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.

- PREMIER POLYFILM 's operated at median p/b ratio of 1.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMIER POLYFILM 's p/b ratio peaked in Mar2022 at 2.51x.

- PREMIER POLYFILM 's p/b ratio hit its five-year low in Mar2020 of 0.9x.


How does PREMIER POLYFILM 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
PREMIER POLYFILM 73.915.60414.1
ASTRAL LTD2,709.2021.9159,369.3
SUPREME INDUSTRIES LTD5,108.8312.9065,916.8
FINOLEX INDUSTRIES LTD5,634.273.3218,691.9
RESPONSIVE INDUSTRIES LTD1,003.387.427,441.0
PRINCE PIPES AND FITTINGS LTD1,363.965.227,117.4
EPL LTD1,956.603.096,042.8
JAI CORP LTD1,431.823.695,289.2
TIME TECHNOPLAST LTD2,265.812.766,258.7
GARWARE HITECH FILMS LTD1,855.822.083,865.6
JAIN IRRIGATION SYSTEMS LTD5,135.800.894,551.5

Plastic Products Industry Benchmark (Top 10) PB Analysis vs PREMIER POLYFILM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.89x
Max industry PB 21.91x
Median industry PB 3.69x
Average industry PB 6.26x



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