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SUMITOMO CHEMICAL INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of SUMITOMO CHEMICAL INDIA is 8.37.

Share Price ₹399.7Apr 18,2024
Market Cap ₹19,946.5 Cr
Book Value₹2,381.8 CrMar2023 - Consolidated Results
Price/Book 8.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUMITOMO CHEMICAL INDIA

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 SUMITOMO CHEMICAL INDIA is calculated as :

Current Market Cap [ ₹19,946.5 Cr] as on Apr 18,2024

(/) Book Value [ ₹2,381.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 8.37x ]

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

Thus, for SUMITOMO CHEMICAL INDIA , the investors are currently willing to pay '8.37 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 SUMITOMO CHEMICAL INDIA !

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

Historical PB (Price/Book ) ratio chart of SUMITOMO CHEMICAL INDIA


PB Ratio Performance Analysis for SUMITOMO CHEMICAL INDIA

- SUMITOMO CHEMICAL INDIA 's latest p/b ratio is 8.37x.

- SUMITOMO CHEMICAL INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.49x.

- SUMITOMO CHEMICAL INDIA 's operated at median p/b ratio of 8.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUMITOMO CHEMICAL INDIA 's p/b ratio peaked in Mar2022 at 11.64x.

- SUMITOMO CHEMICAL INDIA 's p/b ratio hit its five-year low in Mar2019 of 0x.


How does SUMITOMO CHEMICAL INDIA 's P/B Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Book ValuePB RatioMarket Cap
SUMITOMO CHEMICAL INDIA 2,381.788.3719,946.5
PI INDUSTRIES LTD7,201.107.8256,317.8
UPL LTD26,838.001.3435,901.6
BAYER CROPSCIENCE LTD2,712.109.2024,943.1
BASF INDIA LTD2,695.765.8015,628.1
RALLIS INDIA LTD1,730.053.115,387.8
DHANUKA AGRITECH LTD1,061.305.465,795.5
BHARAT RASAYAN LTD893.314.433,957.0
SHARDA CROPCHEM LTD2,232.021.453,245.7
INDIA PESTICIDES LTD773.153.442,661.4
ASTEC LIFESCIENCES LTD419.015.922,481.8

Pesticides & Agrochemicals Industry Benchmark (Top 10) PB Analysis vs SUMITOMO CHEMICAL INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.34x
Max industry PB 9.20x
Median industry PB 5.46x
Average industry PB 5.12x



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