Home > PB Ratio > TATVA CHINTAN PHARMA CHEM

TATVA CHINTAN PHARMA CHEM
PB (Price/Book ) Ratio

The Current P/B Ratio of TATVA CHINTAN PHARMA CHEM is 5.56.

Share Price ₹1,223.2Apr 18,2024
Market Cap ₹2,862.3 Cr
Book Value₹514.8 CrMar2023 - Consolidated Results
Price/Book 5.56xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TATVA CHINTAN PHARMA CHEM
Please provide your vote to see the results
TATVA CHINTAN PHARMA CHEM is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of TATVA CHINTAN PHARMA CHEM

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 TATVA CHINTAN PHARMA CHEM is calculated as :

Current Market Cap [ ₹2,862.3 Cr] as on Apr 18,2024

(/) Book Value [ ₹514.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.56x ]

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

Thus, for TATVA CHINTAN PHARMA CHEM , the investors are currently willing to pay '5.56 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 TATVA CHINTAN PHARMA CHEM !

The chart below summarizes the trend in P/B Ratio of TATVA CHINTAN PHARMA CHEM over the last five years.

Historical PB (Price/Book ) ratio chart of TATVA CHINTAN PHARMA CHEM


PB Ratio Performance Analysis for TATVA CHINTAN PHARMA CHEM

- TATVA CHINTAN PHARMA CHEM 's latest p/b ratio is 5.56x.

- TATVA CHINTAN PHARMA CHEM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.60x.

- TATVA CHINTAN PHARMA CHEM 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TATVA CHINTAN PHARMA CHEM 's p/b ratio peaked in Mar2022 at 10.81x.

- TATVA CHINTAN PHARMA CHEM 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does TATVA CHINTAN PHARMA CHEM 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
TATVA CHINTAN PHARMA CHEM 514.795.562,862.3
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 TATVA CHINTAN PHARMA CHEM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.43x
Max industry PB 29.50x
Median industry PB 7.14x
Average industry PB 9.02x



You may also like the below Video Courses