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Balaji Amines (BOM:530999) PB Ratio : 4.22 (As of Jun. 19, 2024)


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What is Balaji Amines 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), Balaji Amines's share price is ₹2241.95. Balaji Amines's Book Value per Share for the quarter that ended in Mar. 2024 was ₹531.16. Hence, Balaji Amines's PB Ratio of today is 4.22.

Good Sign:

Balaji Amines Ltd stock PB Ratio (=4.18) is close to 3-year low of 3.94

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

BOM:530999' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 4.11   Max: 14.21
Current: 4.21

During the past 13 years, Balaji Amines's highest PB Ratio was 14.21. The lowest was 0.56. And the median was 4.11.

BOM:530999's PB Ratio is ranked worse than
85.06% of 1533 companies
in the Chemicals industry
Industry Median: 1.58 vs BOM:530999: 4.21

During the past 12 months, Balaji Amines's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Balaji Amines was 33.20% per year. The lowest was 16.20% per year. And the median was 24.80% per year.

Back to Basics: PB Ratio


Balaji Amines PB Ratio Historical Data

The historical data trend for Balaji Amines'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.

Balaji Amines PB Ratio Chart

Balaji Amines 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 1.24 6.39 7.52 4.05 3.85

Balaji Amines 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 4.05 - 4.38 - 3.85

Competitive Comparison of Balaji Amines's PB Ratio

For the Specialty Chemicals subindustry, Balaji Amines'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.


Balaji Amines's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Balaji Amines's PB Ratio falls into.



Balaji Amines 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.

Balaji Amines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2241.95/531.159
=4.22

* 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.


Balaji Amines  (BOM:530999) 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.


Balaji Amines PB Ratio Related Terms

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


Balaji Amines (BOM:530999) Business Description

Traded in Other Exchanges
Address
Plot No. 47, Kavuri Hills, Balaji Bhawan, Behind Jubilee Ridge Hotel, Madhapur, Hyderabad, TG, IND, 500 003
Balaji Amines Ltd manufactures Methylamines, Ethylamine, Derivatives of specialty chemicals, and natural products. Business activity of the firm is operated through Chemicals and Hotel segments. Its products include Monoethylamine, Diethylamine, Triethylamine, Dimethyl amino ethanol, and Diethyl amino ethanol. In addition, it offers specialty chemicals such as N-Methyl Pyrrolidone, Morpholine, Dimethylformamide, and Gamma-Butyrolactone. It derives key revenue from the Chemicals segment. All the business activity is operated in India.

Balaji Amines (BOM:530999) Headlines

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