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Indigo Paints (BOM:543258) PB Ratio : 8.54 (As of Oct. 31, 2024)


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What is Indigo Paints PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-10-31), Indigo Paints's share price is ₹1616.90. Indigo Paints's Book Value per Share for the quarter that ended in Jun. 2024 was ₹189.44. Hence, Indigo Paints's PB Ratio of today is 8.54.

The historical rank and industry rank for Indigo Paints's PB Ratio or its related term are showing as below:

BOM:543258' s PB Ratio Range Over the Past 10 Years
Min: 6.19   Med: 10.18   Max: 55.77
Current: 8.53

During the past 7 years, Indigo Paints's highest PB Ratio was 55.77. The lowest was 6.19. And the median was 10.18.

BOM:543258's PB Ratio is ranked worse than
94.29% of 1541 companies
in the Chemicals industry
Industry Median: 1.69 vs BOM:543258: 8.53

During the past 12 months, Indigo Paints's average Book Value Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 44.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Indigo Paints was 60.80% per year. The lowest was 16.90% per year. And the median was 58.20% per year.

Back to Basics: PB Ratio


Indigo Paints PB Ratio Historical Data

The historical data trend for Indigo Paints's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Indigo Paints PB Ratio Chart

Indigo Paints Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial - 20.17 11.70 6.19 6.63

Indigo Paints Quarterly Data
Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 8.62 - 6.63 -

Competitive Comparison of Indigo Paints's PB Ratio

For the Specialty Chemicals subindustry, Indigo Paints's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indigo Paints's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indigo Paints's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indigo Paints's PB Ratio falls into.



Indigo Paints PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Indigo Paints's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=1616.90/189.441
=8.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Indigo Paints  (BOM:543258) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Indigo Paints PB Ratio Related Terms

Thank you for viewing the detailed overview of Indigo Paints's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Indigo Paints Business Description

Traded in Other Exchanges
Address
Baner Road, Street 5, Indigo Tower, Pallod Farm 2, Pune, MH, IND, 411 045
Indigo Paints Ltd is engaged in manufacturing different types of decorative paints like enamels, emulsions, wood coatings, primers, distempers, putties, and cement paints. Its only operating segment being Paints. Geographically, it derives a majority of revenue from India and also has its presence in other countries.

Indigo Paints Headlines

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