ULTRAMARINE & PIGMENTS
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The Current P/B Ratio of ULTRAMARINE & PIGMENTS is 1.32.
Share Price | ₹331.4 | Mar 28,2024 |
Market Cap | ₹967.7 Cr | |
Book Value | ₹735.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.32x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ULTRAMARINE & PIGMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹967.7 Cr] as on Mar 28,2024
(/) Book Value [ ₹735.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.32x ]
Thus, for ULTRAMARINE & PIGMENTS , the investors are currently willing to pay '1.32 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 ULTRAMARINE & PIGMENTS !
The chart below summarizes the trend in P/B Ratio of ULTRAMARINE & PIGMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of ULTRAMARINE & PIGMENTS
PB Ratio Performance Analysis for ULTRAMARINE & PIGMENTS
- ULTRAMARINE & PIGMENTS 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 1.40x.
- ULTRAMARINE & PIGMENTS 's operated at median p/b ratio of 1.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, ULTRAMARINE & PIGMENTS 's p/b ratio peaked in Mar2021 at 1.85x.
- ULTRAMARINE & PIGMENTS 's p/b ratio hit its five-year low in Mar2022 of 1.1x.
How does ULTRAMARINE & PIGMENTS 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ULTRAMARINE & PIGMENTS | 735.62 | 1.32 | 967.7 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 21.39 | 153,333.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 30.46 | 79,505.0 |
SRF LTD | 10,315.40 | 7.35 | 75,812.1 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 6.16 | 34,024.9 |
DEEPAK NITRITE LTD | 4,089.96 | 7.08 | 28,937.8 |
TATA CHEMICALS LTD | 19,721.00 | 1.40 | 27,529.0 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.30 | 26,275.3 |
AARTI INDUSTRIES LTD | 4,920.06 | 4.91 | 24,155.5 |
ATUL LTD | 4,671.38 | 3.62 | 16,894.3 |
VINATI ORGANICS LTD | 2,218.29 | 6.87 | 15,249.2 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ULTRAMARINE & PIGMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.32x |
Max industry PB | 30.46x |
Median industry PB | 6.16x |
Average industry PB | 8.53x |
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