ULTRAMARINE & PIGMENTS
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The Current P/B Ratio of ULTRAMARINE & PIGMENTS is 1.54.
Share Price | ₹386.9 | Apr 30,2024 |
Market Cap | ₹1,129.6 Cr | |
Book Value | ₹735.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.54x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
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 [ ₹1,129.6 Cr] as on Apr 30,2024
(/) Book Value [ ₹735.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.54x ]
Thus, for ULTRAMARINE & PIGMENTS , the investors are currently willing to pay '1.54 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 | 1.54 | 1,129.6 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 21.61 | 154,950.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 31.09 | 81,159.6 |
SRF LTD | 10,315.40 | 7.53 | 77,638.1 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.18 | 39,664.1 |
DEEPAK NITRITE LTD | 4,089.96 | 8.10 | 33,123.7 |
TATA CHEMICALS LTD | 23,114.00 | 1.18 | 27,317.5 |
GODREJ INDUSTRIES LTD | 7,974.13 | 4.06 | 32,344.2 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.47 | 26,888.7 |
ATUL LTD | 5,114.32 | 3.45 | 17,621.8 |
VINATI ORGANICS LTD | 2,218.29 | 7.63 | 16,927.0 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs ULTRAMARINE & PIGMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.18x |
Max industry PB | 31.09x |
Median industry PB | 7.18x |
Average industry PB | 8.99x |
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