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Nitta Gelatin India (BOM:506532) PB Ratio : 2.18 (As of Jun. 15, 2024)


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What is Nitta Gelatin 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 (2024-06-15), Nitta Gelatin India's share price is ₹824.60. Nitta Gelatin India's Book Value per Share for the quarter that ended in Mar. 2024 was ₹378.27. Hence, Nitta Gelatin India's PB Ratio of today is 2.18.

Good Sign:

Nitta Gelatin India Ltd stock PB Ratio (=2.13) is close to 1-year low of 2.13

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

BOM:506532' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.54   Max: 3.13
Current: 2.19

During the past 13 years, Nitta Gelatin India's highest PB Ratio was 3.13. The lowest was 0.55. And the median was 1.54.

BOM:506532's PB Ratio is ranked worse than
64.55% of 1529 companies
in the Chemicals industry
Industry Median: 1.58 vs BOM:506532: 2.19

During the past 12 months, Nitta Gelatin India's average Book Value Per Share Growth Rate was 28.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nitta Gelatin India was 25.70% per year. The lowest was 2.60% per year. And the median was 9.10% per year.

Back to Basics: PB Ratio


Nitta Gelatin India PB Ratio Historical Data

The historical data trend for Nitta Gelatin 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.

Nitta Gelatin India PB Ratio Chart

Nitta Gelatin India 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 0.53 0.88 1.28 3.02 2.21

Nitta Gelatin India 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 3.02 - 2.38 - 2.21

Competitive Comparison of Nitta Gelatin India's PB Ratio

For the Specialty Chemicals subindustry, Nitta Gelatin 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.


Nitta Gelatin India's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Nitta Gelatin India's PB Ratio falls into.



Nitta Gelatin 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.

Nitta Gelatin India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=824.60/378.266
=2.18

* 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.


Nitta Gelatin India  (BOM:506532) 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.


Nitta Gelatin India PB Ratio Related Terms

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


Nitta Gelatin India (BOM:506532) Business Description

Traded in Other Exchanges
N/A
Address
56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036
Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.

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