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SADHANA NITRO CHEM
PB (Price/Book ) Ratio

The Current P/B Ratio of SADHANA NITRO CHEM is 7.41.

Share Price ₹67.8Apr 15,2024
Market Cap ₹1,674.8 Cr
Book Value₹226.1 CrMar2023 - Consolidated Results
Price/Book 7.41xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SADHANA NITRO CHEM

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 SADHANA NITRO CHEM is calculated as :

Current Market Cap [ ₹1,674.8 Cr] as on Apr 15,2024

(/) Book Value [ ₹226.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.41x ]

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

Thus, for SADHANA NITRO CHEM , the investors are currently willing to pay '7.41 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 SADHANA NITRO CHEM !

The chart below summarizes the trend in P/B Ratio of SADHANA NITRO CHEM over the last five years.

Historical PB (Price/Book ) ratio chart of SADHANA NITRO CHEM


PB Ratio Performance Analysis for SADHANA NITRO CHEM

- SADHANA NITRO CHEM 's latest p/b ratio is 7.41x.

- SADHANA NITRO CHEM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.29x.

- SADHANA NITRO CHEM 's operated at median p/b ratio of 5.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SADHANA NITRO CHEM 's p/b ratio peaked in Mar2022 at 20.42x.

- SADHANA NITRO CHEM 's p/b ratio hit its five-year low in Mar2020 of 1.47x.


How does SADHANA NITRO CHEM 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
SADHANA NITRO CHEM 226.087.411,674.8
PIDILITE INDUSTRIES LTD7,168.6420.45146,568.0
SOLAR INDUSTRIES INDIA LTD2,610.3429.8477,902.9
SRF LTD10,315.407.3575,794.4
GUJARAT FLUOROCHEMICALS LTD5,520.727.1039,177.4
DEEPAK NITRITE LTD4,089.967.6731,373.8
TATA CHEMICALS LTD19,721.001.4228,067.8
GODREJ INDUSTRIES LTD7,974.133.5528,282.0
AARTI INDUSTRIES LTD4,920.065.4226,653.1
ATUL LTD4,671.383.7217,387.4
VINATI ORGANICS LTD2,218.297.3416,279.1

Chemicals Industry Benchmark (Top 10) PB Analysis vs SADHANA NITRO CHEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.42x
Max industry PB 29.84x
Median industry PB 7.34x
Average industry PB 9.21x



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