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RESPONSIVE INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of RESPONSIVE INDUSTRIES is 7.50.

Share Price ₹277.8Mar 28,2024
Market Cap ₹7,527.0 Cr
Book Value₹1,003.4 CrMar2023 - Consolidated Results
Price/Book 7.50xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RESPONSIVE INDUSTRIES

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 RESPONSIVE INDUSTRIES is calculated as :

Current Market Cap [ ₹7,527.0 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,003.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.50x ]

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

Thus, for RESPONSIVE INDUSTRIES , the investors are currently willing to pay '7.50 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 RESPONSIVE INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of RESPONSIVE INDUSTRIES


PB Ratio Performance Analysis for RESPONSIVE INDUSTRIES

- RESPONSIVE INDUSTRIES 's latest p/b ratio is 7.50x.

- RESPONSIVE INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.53x.

- RESPONSIVE INDUSTRIES 's operated at median p/b ratio of 3.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RESPONSIVE INDUSTRIES 's p/b ratio peaked in Mar2022 at 4.95x.

- RESPONSIVE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 2.26x.


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

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
RESPONSIVE INDUSTRIES 1,003.387.507,527.0
ASTRAL LTD2,709.2019.7453,468.9
SUPREME INDUSTRIES LTD4,402.1212.2053,703.8
FINOLEX INDUSTRIES LTD4,903.073.1215,304.1
PRINCE PIPES AND FITTINGS LTD1,363.964.456,074.8
EPL LTD1,956.602.905,670.3
JAI CORP LTD1,431.823.525,040.3
TIME TECHNOPLAST LTD2,265.812.505,659.6
GARWARE HITECH FILMS LTD1,855.822.194,057.2
JAIN IRRIGATION SYSTEMS LTD5,135.800.643,267.3
MOLDTEK PACKAGING LTD558.464.672,605.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.64x
Max industry PB 19.74x
Median industry PB 3.52x
Average industry PB 5.77x



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