SRF
|
The Current P/B Ratio of SRF is 7.52.
Share Price | ₹2,617.0 | Apr 23,2024 |
Market Cap | ₹77,567.9 Cr | |
Book Value | ₹10,315.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 7.52x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SRF
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹77,567.9 Cr] as on Apr 23,2024
(/) Book Value [ ₹10,315.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 7.52x ]
Thus, for SRF , the investors are currently willing to pay '7.52 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 SRF !
The chart below summarizes the trend in P/B Ratio of SRF over the last five years.
Historical PB (Price/Book ) ratio chart of SRF
PB Ratio Performance Analysis for SRF
- SRF 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.49x.
- SRF 's operated at median p/b ratio of 4.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SRF 's p/b ratio peaked in Mar2022 at 9.27x.
- SRF 's p/b ratio hit its five-year low in Mar2020 of 3.24x.
How does SRF 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SRF | 10,315.40 | 7.52 | 77,567.9 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.69 | 148,313.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 29.96 | 78,203.8 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.40 | 40,874.1 |
DEEPAK NITRITE LTD | 4,089.96 | 7.90 | 32,323.8 |
TATA CHEMICALS LTD | 19,721.00 | 1.44 | 28,397.7 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.61 | 28,785.4 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.46 | 26,841.6 |
ATUL LTD | 4,671.38 | 3.74 | 17,449.7 |
VINATI ORGANICS LTD | 2,218.29 | 7.74 | 17,169.6 |
HIMADRI SPECIALITY CHEMICAL LTD | 2,174.14 | 8.33 | 18,110.2 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs SRF 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.44x |
Max industry PB | 29.96x |
Median industry PB | 7.52x |
Average industry PB | 9.44x |
You may also like the below Video Courses