Akzo Nobel India (NSE:AKZOINDIA) PB Ratio : 8.69 (As of May. 16, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Akzo Nobel 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 (2024-05-16), Akzo Nobel India's share price is ₹2553.95. Akzo Nobel India's Book Value per Share for the quarter that ended in Dec. 2023 was ₹293.85. Hence, Akzo Nobel India's PB Ratio of today is 8.69.

Good Sign:

Akzo Nobel India Ltd stock PB Ratio (=8.48) is close to 1-year low of 8.15

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

NSE:AKZOINDIA' s PB Ratio Range Over the Past 10 Years
Min: 3.25 Med: 7.76 Max: 9.09
Current: 8.48

During the past 13 years, Akzo Nobel India's highest PB Ratio was 9.09. The lowest was 3.25. And the median was 7.76.

NSE:AKZOINDIA's PB Ratio is ranked worse than
95.1% of 1531 companies
in the Chemicals industry
Industry Median: 1.63 vs NSE:AKZOINDIA: 8.48

During the past 12 months, Akzo Nobel India's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Akzo Nobel India was 24.30% per year. The lowest was -16.50% per year. And the median was 7.30% per year.

Back to Basics: PB Ratio

Akzo Nobel India PB Ratio Historical Data

The historical data trend for Akzo Nobel 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.

Akzo Nobel India PB Ratio Chart

Akzo Nobel India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

7.23

8.14

8.12

6.90

7.96

Akzo Nobel India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	7.96	-	8.54	-

Competitive Comparison of Akzo Nobel India's PB Ratio

For the Specialty Chemicals subindustry, Akzo Nobel 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.

Akzo Nobel India's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Akzo Nobel India's PB Ratio falls into.

Akzo Nobel 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.

Akzo Nobel India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2553.95	/	293.85
	=	8.69

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.

Akzo Nobel India (NSE:AKZOINDIA) 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.

Akzo Nobel India PB Ratio Related Terms

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

Akzo Nobel India (NSE:AKZOINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel India Ltd (NSE:AKZOINDIA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

500710:India

Address

Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011

Website

https://www.akzonobel.co.in

Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

Akzo Nobel India (NSE:AKZOINDIA) Headlines

No Headlines