VIPUL ORGANICS
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The Current P/B Ratio of VIPUL ORGANICS is 4.37.
Share Price | ₹178.4 | Apr 16,2024 |
Market Cap | ₹231.9 Cr | |
Book Value | ₹53.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.37x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VIPUL ORGANICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹231.9 Cr] as on Apr 16,2024
(/) Book Value [ ₹53.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.37x ]
Thus, for VIPUL ORGANICS , the investors are currently willing to pay '4.37 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 VIPUL ORGANICS !
The chart below summarizes the trend in P/B Ratio of VIPUL ORGANICS over the last five years.
Historical PB (Price/Book ) ratio chart of VIPUL ORGANICS
PB Ratio Performance Analysis for VIPUL ORGANICS
- VIPUL ORGANICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.58x.
- VIPUL ORGANICS 's operated at median p/b ratio of 4.21x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIPUL ORGANICS 's p/b ratio peaked in Mar2019 at 4.94x.
- VIPUL ORGANICS 's p/b ratio hit its five-year low in Mar2023 of 2.19x.
How does VIPUL ORGANICS 's P/B Ratio benchmark against top 10 peers in Dyes & Pigments Industry?
Peer Comparison (Dyes & Pigments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VIPUL ORGANICS | 53.01 | 4.37 | 231.9 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 824.85 | 5.31 | 4,382.1 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 250.73 | 9.16 | 2,297.5 |
KIRI INDUSTRIES LTD | 2,679.29 | 0.70 | 1,881.1 |
BODAL CHEMICALS LTD | 1,076.35 | 0.92 | 987.8 |
BHAGERIA INDUSTRIES LTD | 506.13 | 1.61 | 814.0 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 437.62 | 1.26 | 552.2 |
ASAHI SONGWON COLORS LTD | 218.59 | 1.68 | 368.2 |
PODDAR PIGMENTS LTD | 293.71 | 1.21 | 354.5 |
DYNEMIC PRODUCTS LTD | 182.90 | 1.93 | 352.2 |
AKSHARCHEM (INDIA) LTD | 278.37 | 0.77 | 214.2 |
Dyes & Pigments Industry Benchmark (Top 10) PB Analysis vs VIPUL ORGANICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.70x |
Max industry PB | 9.16x |
Median industry PB | 1.61x |
Average industry PB | 2.63x |
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