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Ganesh Benzoplast (BOM:500153) PB Ratio : 2.28 (As of Jun. 19, 2024)


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What is Ganesh Benzoplast 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 (2024-06-19), Ganesh Benzoplast's share price is ₹158.65. Ganesh Benzoplast's Book Value per Share for the quarter that ended in Mar. 2024 was ₹69.68. Hence, Ganesh Benzoplast's PB Ratio of today is 2.28.

Good Sign:

Ganesh Benzoplast Ltd stock PB Ratio (=2.27) is close to 2-year low of 2.05

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

BOM:500153' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.45   Max: 5.83
Current: 2.28

During the past 13 years, Ganesh Benzoplast's highest PB Ratio was 5.83. The lowest was 0.83. And the median was 2.45.

BOM:500153's PB Ratio is ranked worse than
66.21% of 1533 companies
in the Chemicals industry
Industry Median: 1.58 vs BOM:500153: 2.28

During the past 12 months, Ganesh Benzoplast's average Book Value Per Share Growth Rate was 27.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ganesh Benzoplast was 34.80% per year. The lowest was 3.30% per year. And the median was 24.75% per year.

Back to Basics: PB Ratio


Ganesh Benzoplast PB Ratio Historical Data

The historical data trend for Ganesh Benzoplast'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.

Ganesh Benzoplast PB Ratio Chart

Ganesh Benzoplast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.67 2.27 2.96 2.64

Ganesh Benzoplast Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.96 - 2.51 - 2.64

Competitive Comparison of Ganesh Benzoplast's PB Ratio

For the Specialty Chemicals subindustry, Ganesh Benzoplast'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.


Ganesh Benzoplast's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Ganesh Benzoplast's PB Ratio falls into.



Ganesh Benzoplast 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.

Ganesh Benzoplast's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=158.65/69.679
=2.28

* 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.


Ganesh Benzoplast  (BOM:500153) 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.


Ganesh Benzoplast PB Ratio Related Terms

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Ganesh Benzoplast (BOM:500153) Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, Laxmi Nagar, C501/502, Lotus Corporate Park, Goregaon East, Mumbai, MH, IND, 400063
Ganesh Benzoplast Ltd is an India-based company involved in the manufacture and export of specialty chemicals. The company's products have applications in food and beverage, automobile, paints, lubricants, and pharmaceutical industries. The company operates through two divisions namely, the Liquid Storage Terminal and the Chemical manufacturing division. Liquid Storage Terminal division provides storage tanks that are leased on rent for storing liquid chemicals, acids, oil products, petrochemicals, and edible oils. It provides storage and handling solutions at three terminals namely JNPT(Nhava Sheva), Goa, and Cochin. The Chemical division manufactures and exports food preservatives and lubricant additives.

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