Sirca Paints India (BOM:543686) PB Ratio : 5.75 (As of Jun. 08, 2024)

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What is Sirca Paints 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 (2024-06-08), Sirca Paints India's share price is ₹323.80. Sirca Paints India's Book Value per Share for the quarter that ended in Mar. 2024 was ₹56.32. Hence, Sirca Paints India's PB Ratio of today is 5.75.

Good Sign:

Sirca Paints India Ltd stock PB Ratio (=5.55) is close to 2-year low of 5.55

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

BOM:543686' s PB Ratio Range Over the Past 10 Years
Min: 5.55 Med: 6.65 Max: 7.86
Current: 5.67

During the past 12 years, Sirca Paints India's highest PB Ratio was 7.86. The lowest was 5.55. And the median was 6.65.

BOM:543686's PB Ratio is ranked worse than
90.66% of 1531 companies
in the Chemicals industry
Industry Median: 1.57 vs BOM:543686: 5.67

During the past 12 months, Sirca Paints India's average Book Value Per Share Growth Rate was 16.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 47.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Sirca Paints India was 101.80% per year. The lowest was 10.30% per year. And the median was 59.80% per year.

Back to Basics: PB Ratio

Sirca Paints India PB Ratio Historical Data

The historical data trend for Sirca Paints 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.

Sirca Paints India PB Ratio Chart

Sirca Paints India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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6.65

5.05

Sirca Paints 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															6.65	-	7.48	-	5.05

Competitive Comparison of Sirca Paints India's PB Ratio

For the Specialty Chemicals subindustry, Sirca Paints 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.

Sirca Paints India's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Sirca Paints India's PB Ratio falls into.

Sirca Paints 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.

Sirca Paints India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	323.80	/	56.32
	=	5.75

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.

Sirca Paints India (BOM:543686) 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.

Sirca Paints India PB Ratio Related Terms

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

Sirca Paints India (BOM:543686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sirca Paints India Ltd (BOM:543686) » Definitions » PB Ratio

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SIRCA:India

Address

G-82, Kirti Nagar, New Delhi, IND, 110015

Website

https://www.sircapaints.com

Sirca Paints India Ltd is engaged in the marketing and distribution of paints and allied products. The company's products include PU Clear Finishes, PU Pigmented Finishes, Special effects, Glass Coatings, Metal Coatings, Water Borne Coating, Stains, Leafing, Wood Filler, and others. The company operates in only one reportable business segment viz. "Wood Coating Products" and a single geographical segment Geographically, it operates only in India.

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