Home > PB Ratio > SUDARSHAN CHEMICAL INDUSTRIES

SUDARSHAN CHEMICAL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SUDARSHAN CHEMICAL INDUSTRIES is 5.29.

Share Price ₹630.6Apr 19,2024
Market Cap ₹4,363.4 Cr
Book Value₹824.9 CrMar2023 - Consolidated Results
Price/Book 5.29xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SUDARSHAN CHEMICAL INDUSTRIES
Please provide your vote to see the results
SUDARSHAN CHEMICAL INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of SUDARSHAN CHEMICAL INDUSTRIES

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 SUDARSHAN CHEMICAL INDUSTRIES is calculated as :

Current Market Cap [ ₹4,363.4 Cr] as on Apr 19,2024

(/) Book Value [ ₹824.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.29x ]

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

Thus, for SUDARSHAN CHEMICAL INDUSTRIES , the investors are currently willing to pay '5.29 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 SUDARSHAN CHEMICAL INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of SUDARSHAN CHEMICAL INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of SUDARSHAN CHEMICAL INDUSTRIES


PB Ratio Performance Analysis for SUDARSHAN CHEMICAL INDUSTRIES

- SUDARSHAN CHEMICAL INDUSTRIES 's latest p/b ratio is 5.29x.

- SUDARSHAN CHEMICAL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.19x.

- SUDARSHAN CHEMICAL INDUSTRIES 's operated at median p/b ratio of 4.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUDARSHAN CHEMICAL INDUSTRIES 's p/b ratio peaked in Mar2021 at 4.84x.

- SUDARSHAN CHEMICAL INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 3.27x.


How does SUDARSHAN CHEMICAL INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Book ValuePB RatioMarket Cap
SUDARSHAN CHEMICAL INDUSTRIES 824.855.294,363.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD250.739.302,331.2
KIRI INDUSTRIES LTD2,679.290.691,837.5
BODAL CHEMICALS LTD1,076.350.91978.0
BHAGERIA INDUSTRIES LTD506.131.54780.6
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD437.621.25545.6
ASAHI SONGWON COLORS LTD218.591.77386.1
PODDAR PIGMENTS LTD293.711.25366.2
DYNEMIC PRODUCTS LTD182.901.87342.2
VIPUL ORGANICS LTD53.014.17220.8
AKSHARCHEM (INDIA) LTD278.370.78218.5

Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs SUDARSHAN CHEMICAL INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.69x
Max industry PB 9.30x
Median industry PB 1.54x
Average industry PB 2.62x



You may also like the below Video Courses