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Bhatia Colour Chem (BOM:543497) PB Ratio : 1.02 (As of May. 26, 2024)


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What is Bhatia Colour Chem 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 (2024-05-26), Bhatia Colour Chem's share price is ₹50.50. Bhatia Colour Chem's Book Value per Share for the quarter that ended in Sep. 2023 was ₹49.57. Hence, Bhatia Colour Chem's PB Ratio of today is 1.02.

The historical rank and industry rank for Bhatia Colour Chem's PB Ratio or its related term are showing as below:

BOM:543497' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.2
Current: 1.02

During the past 2 years, Bhatia Colour Chem's highest PB Ratio was 1.20. The lowest was 0.00. And the median was 0.00.

BOM:543497's PB Ratio is ranked better than
72.85% of 1532 companies
in the Chemicals industry
Industry Median: 1.62 vs BOM:543497: 1.02

During the past 12 months, Bhatia Colour Chem's average Book Value Per Share Growth Rate was 5.50% per year.

Back to Basics: PB Ratio


Bhatia Colour Chem PB Ratio Historical Data

The historical data trend for Bhatia Colour Chem'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.

Bhatia Colour Chem PB Ratio Chart

Bhatia Colour Chem Annual Data
Trend Mar22 Mar23
PB Ratio
0.93 0.88

Bhatia Colour Chem Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio - 0.93 0.93 0.88 1.08

Competitive Comparison of Bhatia Colour Chem's PB Ratio

For the Specialty Chemicals subindustry, Bhatia Colour Chem'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.


Bhatia Colour Chem's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Bhatia Colour Chem's PB Ratio falls into.



Bhatia Colour Chem 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.

Bhatia Colour Chem's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=50.50/49.571
=1.02

* 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.


Bhatia Colour Chem  (BOM:543497) 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.


Bhatia Colour Chem PB Ratio Related Terms

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


Bhatia Colour Chem (BOM:543497) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210
Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

Bhatia Colour Chem (BOM:543497) Headlines

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