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TINNA RUBBER AND INFRASTRUCTURE
PB (Price/Book ) Ratio

The Current P/B Ratio of TINNA RUBBER AND INFRASTRUCTURE is 16.04.

Share Price ₹900.4Apr 24,2024
Market Cap ₹1,539.6 Cr
Book Value₹96.0 CrMar2023 - Consolidated Results
Price/Book 16.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TINNA RUBBER AND INFRASTRUCTURE

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 TINNA RUBBER AND INFRASTRUCTURE is calculated as :

Current Market Cap [ ₹1,539.6 Cr] as on Apr 24,2024

(/) Book Value [ ₹96.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 16.04x ]

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

Thus, for TINNA RUBBER AND INFRASTRUCTURE , the investors are currently willing to pay '16.04 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 TINNA RUBBER AND INFRASTRUCTURE !

The chart below summarizes the trend in P/B Ratio of TINNA RUBBER AND INFRASTRUCTURE over the last five years.

Historical PB (Price/Book ) ratio chart of TINNA RUBBER AND INFRASTRUCTURE


PB Ratio Performance Analysis for TINNA RUBBER AND INFRASTRUCTURE

- TINNA RUBBER AND INFRASTRUCTURE 's latest p/b ratio is 16.04x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.49x.

- TINNA RUBBER AND INFRASTRUCTURE 's operated at median p/b ratio of 0.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio peaked in Mar2022 at 3.38x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does TINNA RUBBER AND INFRASTRUCTURE 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
TINNA RUBBER AND INFRASTRUCTURE 95.9916.041,539.6
PIDILITE INDUSTRIES LTD7,168.6420.94150,106.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.5179,629.4
SRF LTD10,315.407.5277,525.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.3040,277.6
DEEPAK NITRITE LTD4,089.967.9732,593.8
TATA CHEMICALS LTD19,721.001.4628,695.8
GODREJ INDUSTRIES LTD7,974.133.5928,601.9
AARTI INDUSTRIES LTD4,920.065.5127,108.1
ATUL LTD4,671.383.7217,368.3
VINATI ORGANICS LTD2,218.297.6717,007.4

Chemicals Industry Benchmark (Top 10) PB Analysis vs TINNA RUBBER AND INFRASTRUCTURE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.46x
Max industry PB 30.51x
Median industry PB 7.52x
Average industry PB 10.20x



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