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SHAILY ENGINEERING PLASTICS
PB (Price/Book ) Ratio

The Current P/B Ratio of SHAILY ENGINEERING PLASTICS is 7.17.

Share Price ₹627.4Apr 24,2024
Market Cap ₹2,879.5 Cr
Book Value₹401.4 CrMar2023 - Consolidated Results
Price/Book 7.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHAILY ENGINEERING PLASTICS

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 SHAILY ENGINEERING PLASTICS is calculated as :

Current Market Cap [ ₹2,879.5 Cr] as on Apr 24,2024

(/) Book Value [ ₹401.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.17x ]

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

Thus, for SHAILY ENGINEERING PLASTICS , the investors are currently willing to pay '7.17 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 SHAILY ENGINEERING PLASTICS !

The chart below summarizes the trend in P/B Ratio of SHAILY ENGINEERING PLASTICS over the last five years.

Historical PB (Price/Book ) ratio chart of SHAILY ENGINEERING PLASTICS


PB Ratio Performance Analysis for SHAILY ENGINEERING PLASTICS

- SHAILY ENGINEERING PLASTICS 's latest p/b ratio is 7.17x.

- SHAILY ENGINEERING PLASTICS 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 3.90x.

- SHAILY ENGINEERING PLASTICS 's operated at median p/b ratio of 5.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, SHAILY ENGINEERING PLASTICS 's p/b ratio peaked in Mar2022 at 5.44x.

- SHAILY ENGINEERING PLASTICS 's p/b ratio hit its five-year low in Mar2023 of 2.35x.


How does SHAILY ENGINEERING PLASTICS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
SHAILY ENGINEERING PLASTICS 401.407.172,879.5
ASTRAL LTD2,709.2019.7353,440.7
SUPREME INDUSTRIES LTD4,402.1212.2653,968.0
FINOLEX INDUSTRIES LTD4,903.073.4717,013.5
RESPONSIVE INDUSTRIES LTD1,003.387.737,759.6
PRINCE PIPES AND FITTINGS LTD1,363.965.096,938.8
EPL LTD1,956.602.855,579.6
JAI CORP LTD1,431.823.975,678.3
TIME TECHNOPLAST LTD2,265.812.816,360.8
GARWARE HITECH FILMS LTD1,855.822.204,090.1
JAIN IRRIGATION SYSTEMS LTD5,135.800.794,034.2

Plastic Products Industry Benchmark (Top 10) PB Analysis vs SHAILY ENGINEERING PLASTICS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.79x
Max industry PB 19.73x
Median industry PB 3.97x
Average industry PB 6.19x



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