Home > PB Ratio > TANFAC INDUSTRIES

TANFAC INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of TANFAC INDUSTRIES is 11.25.

Share Price ₹2,072.6Apr 18,2024
Market Cap ₹2,072.6 Cr
Book Value₹184.3 CrMar2023 - Standalone Results
Price/Book 11.25xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TANFAC INDUSTRIES
Please provide your vote to see the results
TANFAC INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of TANFAC 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 TANFAC INDUSTRIES is calculated as :

Current Market Cap [ ₹2,072.6 Cr] as on Apr 18,2024

(/) Book Value [ ₹184.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 11.25x ]

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

Thus, for TANFAC INDUSTRIES , the investors are currently willing to pay '11.25 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 TANFAC INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of TANFAC INDUSTRIES


PB Ratio Performance Analysis for TANFAC INDUSTRIES

- TANFAC INDUSTRIES 's latest p/b ratio is 11.25x.

- TANFAC INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.68x.

- TANFAC INDUSTRIES 's operated at median p/b ratio of 4.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANFAC INDUSTRIES 's p/b ratio peaked in Mar2023 at 5.4x.

- TANFAC INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.21x.


How does TANFAC INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
TANFAC INDUSTRIES 184.2811.252,072.6
PIDILITE INDUSTRIES LTD7,168.6420.37146,024.0
SOLAR INDUSTRIES INDIA LTD2,610.3429.5077,005.2
SRF LTD10,315.407.2875,048.8
GUJARAT FLUOROCHEMICALS LTD5,520.727.1439,437.8
DEEPAK NITRITE LTD4,089.967.6931,435.2
TATA CHEMICALS LTD19,721.001.4328,167.1
GODREJ INDUSTRIES LTD7,974.133.5228,046.3
AARTI INDUSTRIES LTD4,920.065.3426,263.4
ATUL LTD4,671.383.7117,334.1
VINATI ORGANICS LTD2,218.297.6516,975.2

Chemicals Industry Benchmark (Top 10) PB Analysis vs TANFAC INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.43x
Max industry PB 29.50x
Median industry PB 7.28x
Average industry PB 9.53x



You may also like the below Video Courses