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Gayatri Rubbers and Chemicals (NSE:GRCL) PB Ratio : 21.30 (As of May. 23, 2024)


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What is Gayatri Rubbers and Chemicals 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 (2024-05-23), Gayatri Rubbers and Chemicals's share price is ₹360.25. Gayatri Rubbers and Chemicals's Book Value per Share for the quarter that ended in Mar. 2023 was ₹16.92. Hence, Gayatri Rubbers and Chemicals's PB Ratio of today is 21.30.

Warning Sign:

Gayatri Rubbers and Chemicals Ltd stock PB Ratio (=19.81) is close to 2-year high of 19.81

The historical rank and industry rank for Gayatri Rubbers and Chemicals's PB Ratio or its related term are showing as below:

NSE:GRCL' s PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 9.74   Max: 21.84
Current: 21.3

During the past 4 years, Gayatri Rubbers and Chemicals's highest PB Ratio was 21.84. The lowest was 2.10. And the median was 9.74.

NSE:GRCL's PB Ratio is ranked worse than
98.83% of 1532 companies
in the Chemicals industry
Industry Median: 1.63 vs NSE:GRCL: 21.30

During the past 12 months, Gayatri Rubbers and Chemicals's average Book Value Per Share Growth Rate was 524.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 245.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Gayatri Rubbers and Chemicals was 245.30% per year. The lowest was 245.30% per year. And the median was 245.30% per year.

Back to Basics: PB Ratio


Gayatri Rubbers and Chemicals PB Ratio Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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.

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Gayatri Rubbers and Chemicals PB Ratio Chart

Gayatri Rubbers and Chemicals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
PB Ratio
- - - 2.12

Gayatri Rubbers and Chemicals Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
PB Ratio - - - 2.12

Competitive Comparison of Gayatri Rubbers and Chemicals's PB Ratio

For the Specialty Chemicals subindustry, Gayatri Rubbers and Chemicals'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.


Gayatri Rubbers and Chemicals's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Gayatri Rubbers and Chemicals's PB Ratio falls into.



Gayatri Rubbers and Chemicals 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.

Gayatri Rubbers and Chemicals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2023)
=360.25/16.917
=21.30

* 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.


Gayatri Rubbers and Chemicals  (NSE:GRCL) 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.


Gayatri Rubbers and Chemicals PB Ratio Related Terms

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


Gayatri Rubbers and Chemicals (NSE:GRCL) Business Description

Traded in Other Exchanges
N/A
Address
Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004
Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.

Gayatri Rubbers and Chemicals (NSE:GRCL) Headlines

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