ELANTAS Beck India (BOM:500123) PB Ratio : 11.71 (As of May. 16, 2024)

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What is ELANTAS Beck 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 (2024-05-16), ELANTAS Beck India's share price is ₹10814.65. ELANTAS Beck India's Book Value per Share for the quarter that ended in Dec. 2023 was ₹923.34. Hence, ELANTAS Beck India's PB Ratio of today is 11.71.

The historical rank and industry rank for ELANTAS Beck India's PB Ratio or its related term are showing as below:

BOM:500123' s PB Ratio Range Over the Past 10 Years
Min: 1.98 Med: 5.93 Max: 12.23
Current: 10.93

During the past 13 years, ELANTAS Beck India's highest PB Ratio was 12.23. The lowest was 1.98. And the median was 5.93.

BOM:500123's PB Ratio is ranked worse than
96.54% of 1530 companies
in the Chemicals industry
Industry Median: 1.63 vs BOM:500123: 10.93

During the past 12 months, ELANTAS Beck India's average Book Value Per Share Growth Rate was 22.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ELANTAS Beck India was 27.90% per year. The lowest was -13.00% per year. And the median was 17.50% per year.

Back to Basics: PB Ratio

ELANTAS Beck India PB Ratio Historical Data

The historical data trend for ELANTAS Beck 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.

ELANTAS Beck India PB Ratio Chart

ELANTAS Beck India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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5.10

4.95

5.77

5.76

9.20

ELANTAS Beck India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															5.76	-	7.72	-	9.20

Competitive Comparison of ELANTAS Beck India's PB Ratio

For the Specialty Chemicals subindustry, ELANTAS Beck 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.

ELANTAS Beck India's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where ELANTAS Beck India's PB Ratio falls into.

ELANTAS Beck 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.

ELANTAS Beck India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	10814.65	/	923.34
	=	11.71

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.

ELANTAS Beck India (BOM:500123) 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.

ELANTAS Beck India PB Ratio Related Terms

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

ELANTAS Beck India (BOM:500123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ELANTAS Beck India Ltd (BOM:500123) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411 018

Website

https://www.elantas.com/beck-india

ELANTAS Beck India Ltd is engaged in producing insulating materials for the electrical and electronics industry. The company's operating segment include Electrical Insulations, and Engineering and Electronic Resins and Materials. It generates maximum revenue from the Electrical Insulations segment. The Electrical Insulation System business line comprises three product groups: wire enamels, insulating varnishes and resins, and casting and potting compounds. Geographically, it derives a majority of revenue from India.

ELANTAS Beck India (BOM:500123) Headlines

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