Ion Exchange (India) (BOM:500214) PB Ratio : 8.08 (As of Apr. 28, 2024)

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What is Ion Exchange (India) 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 (2024-04-28), Ion Exchange (India)'s share price is ₹547.90. Ion Exchange (India)'s Book Value per Share for the quarter that ended in Mar. 2023 was ₹67.80. Hence, Ion Exchange (India)'s PB Ratio of today is 8.08.

The historical rank and industry rank for Ion Exchange (India)'s PB Ratio or its related term are showing as below:

BOM:500214' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 3.01 Max: 9.65
Current: 8.08

During the past 13 years, Ion Exchange (India)'s highest PB Ratio was 9.65. The lowest was 0.71. And the median was 3.01.

BOM:500214's PB Ratio is ranked worse than
92.45% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs BOM:500214: 8.08

During the past 12 months, Ion Exchange (India)'s average Book Value Per Share Growth Rate was 27.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 39.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ion Exchange (India) was 44.80% per year. The lowest was 2.10% per year. And the median was 4.50% per year.

Back to Basics: PB Ratio

Ion Exchange (India) PB Ratio Historical Data

The historical data trend for Ion Exchange (India)'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.

Ion Exchange (India) PB Ratio Chart

Ion Exchange (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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2.25

2.04

3.06

3.08

5.03

Ion Exchange (India) Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
PB Ratio	Get a 7-Day Free Trial									2.25	2.04	3.06	3.08	5.03

Competitive Comparison of Ion Exchange (India)'s PB Ratio

For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'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.

Ion Exchange (India)'s PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s PB Ratio falls into.

Ion Exchange (India) 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.

Ion Exchange (India)'s PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2023)
	=	547.90	/	67.802
	=	8.08

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Ion Exchange (India) (BOM:500214) 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.

Ion Exchange (India) PB Ratio Related Terms

Thank you for viewing the detailed overview of Ion Exchange (India)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ion Exchange (India) (BOM:500214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ion Exchange (India) Ltd (BOM:500214) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

IONEXCHANG:India

Address

Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011

Website

https://www.ionindia.com

Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

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