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SHARDA CROPCHEM
PB (Price/Book ) Ratio

The Current P/B Ratio of SHARDA CROPCHEM is 1.45.

Share Price ₹359.8May 06,2024
Market Cap ₹3,244.9 Cr
Book Value₹2,232.0 CrMar2023 - Consolidated Results
Price/Book 1.45xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHARDA CROPCHEM

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 SHARDA CROPCHEM is calculated as :

Current Market Cap [ ₹3,244.9 Cr] as on May 06,2024

(/) Book Value [ ₹2,232.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.45x ]

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

Thus, for SHARDA CROPCHEM , the investors are currently willing to pay '1.45 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 SHARDA CROPCHEM !

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

Historical PB (Price/Book ) ratio chart of SHARDA CROPCHEM


PB Ratio Performance Analysis for SHARDA CROPCHEM

- SHARDA CROPCHEM 's latest p/b ratio is 1.45x.

- SHARDA CROPCHEM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.96x.

- SHARDA CROPCHEM 's operated at median p/b ratio of 1.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHARDA CROPCHEM 's p/b ratio peaked in Mar2022 at 2.9x.

- SHARDA CROPCHEM 's p/b ratio hit its five-year low in Mar2020 of 0.69x.


How does SHARDA CROPCHEM 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
SHARDA CROPCHEM 2,232.021.453,244.9
PI INDUSTRIES LTD7,201.107.5754,486.5
UPL LTD26,838.001.3536,284.4
BAYER CROPSCIENCE LTD2,712.109.0024,399.7
SUMITOMO CHEMICAL INDIA LTD2,381.788.3519,895.9
BASF INDIA LTD2,695.766.8618,487.1
RALLIS INDIA LTD1,829.002.905,308.0
DHANUKA AGRITECH LTD1,061.305.976,331.5
BHARAT RASAYAN LTD893.314.373,906.0
INDIA PESTICIDES LTD773.153.332,572.2
ASTEC LIFESCIENCES LTD369.296.582,429.5

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs SHARDA CROPCHEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.35x
Max industry PB 9.00x
Median industry PB 5.97x
Average industry PB 5.25x



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