SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION
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The Current P/B Ratio of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION is 1.69.
Share Price | ₹81.6 | Apr 24,2024 |
Market Cap | ₹1,661.4 Cr | |
Book Value | ₹985.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.69x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,661.4 Cr] as on Apr 24,2024
(/) Book Value [ ₹985.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.69x ]
Thus, for SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION , the investors are currently willing to pay '1.69 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 SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION !
The chart below summarizes the trend in P/B Ratio of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION
PB Ratio Performance Analysis for SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION
- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.28x.
- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/b ratio peaked in Mar2022 at 2.1x.
- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.56x.
How does SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's P/B Ratio benchmark against top 10 peers in Fertilizers Industry?
Peer Comparison (Fertilizers Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION | 985.76 | 1.69 | 1,661.4 |
THE FERTILISERS AND CHEMICALS TRAVANCORE LTD | 1,273.90 | 36.13 | 46,019.8 |
COROMANDEL INTERNATIONAL LTD | 9,419.90 | 3.40 | 32,022.2 |
CHAMBAL FERTILISERS AND CHEMICALS LTD | 7,065.47 | 2.28 | 16,108.2 |
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD | 9,105.11 | 1.15 | 10,453.4 |
GUJARAT STATE FERTILIZERS & CHEMICALS LTD | 12,039.90 | 0.83 | 9,940.0 |
RASHTRIYA CHEMICALS AND FERTILIZERS LTD | 4,590.12 | 1.83 | 8,382.9 |
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD | 5,067.00 | 1.52 | 7,700.5 |
PARADEEP PHOSPHATES LTD | 3,502.72 | 1.68 | 5,882.7 |
NATIONAL FERTILIZERS LTD | 2,541.65 | 2.03 | 5,164.8 |
MADHYA BHARAT AGRO PRODUCTS LTD | 328.39 | 6.28 | 2,063.6 |
Fertilizers Industry Benchmark (Top 10) PB Analysis vs SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.83x |
Max industry PB | 36.13x |
Median industry PB | 1.83x |
Average industry PB | 5.35x |
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