Home > PB Ratio > THIRUMALAI CHEMICALS

THIRUMALAI CHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of THIRUMALAI CHEMICALS is 2.28.

Share Price ₹266.0May 03,2024
Market Cap ₹2,723.3 Cr
Book Value₹1,191.9 CrMar2023 - Consolidated Results
Price/Book 2.28xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for THIRUMALAI CHEMICALS
Please provide your vote to see the results
THIRUMALAI CHEMICALS is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of THIRUMALAI CHEMICALS

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 THIRUMALAI CHEMICALS is calculated as :

Current Market Cap [ ₹2,723.3 Cr] as on May 03,2024

(/) Book Value [ ₹1,191.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.28x ]

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

Thus, for THIRUMALAI CHEMICALS , the investors are currently willing to pay '2.28 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 THIRUMALAI CHEMICALS !

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

Historical PB (Price/Book ) ratio chart of THIRUMALAI CHEMICALS


PB Ratio Performance Analysis for THIRUMALAI CHEMICALS

- THIRUMALAI CHEMICALS 's latest p/b ratio is 2.28x.

- THIRUMALAI CHEMICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.40x.

- THIRUMALAI CHEMICALS 's operated at median p/b ratio of 1.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THIRUMALAI CHEMICALS 's p/b ratio peaked in Mar2022 at 2.51x.

- THIRUMALAI CHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.57x.


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

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
THIRUMALAI CHEMICALS 1,191.922.282,723.3
PIDILITE INDUSTRIES LTD7,168.6420.93150,032.0
SOLAR INDUSTRIES INDIA LTD2,610.3431.2081,439.7
SRF LTD10,315.407.3776,073.0
GUJARAT FLUOROCHEMICALS LTD5,520.727.1339,348.3
DEEPAK NITRITE LTD4,089.968.1533,339.9
TATA CHEMICALS LTD23,114.001.2027,786.3
GODREJ INDUSTRIES LTD7,974.133.6729,278.6
AARTI INDUSTRIES LTD4,920.065.4426,783.6
ATUL LTD5,114.323.5318,077.7
VINATI ORGANICS LTD2,218.297.6016,865.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.20x
Max industry PB 31.20x
Median industry PB 7.13x
Average industry PB 8.96x



You may also like the below Video Courses