Ishan Dyes & Chemicals (BOM:531109) PB Ratio : 1.03 (As of May. 12, 2024)

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What is Ishan Dyes & 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 (2024-05-12), Ishan Dyes & Chemicals's share price is ₹49.68. Ishan Dyes & Chemicals's Book Value per Share for the quarter that ended in Dec. 2023 was ₹48.02. Hence, Ishan Dyes & Chemicals's PB Ratio of today is 1.03.

Good Sign:

Ishan Dyes & Chemicals Ltd stock PB Ratio (=1.03) is close to 3-year low of 1.03

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

BOM:531109' s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.24 Max: 3.23
Current: 1.03

During the past 13 years, Ishan Dyes & Chemicals's highest PB Ratio was 3.23. The lowest was 0.45. And the median was 1.24.

BOM:531109's PB Ratio is ranked better than
71.5% of 1530 companies
in the Chemicals industry
Industry Median: 1.645 vs BOM:531109: 1.03

During the past 12 months, Ishan Dyes & Chemicals's average Book Value Per Share Growth Rate was -3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ishan Dyes & Chemicals was 61.40% per year. The lowest was 13.10% per year. And the median was 19.70% per year.

Back to Basics: PB Ratio

Ishan Dyes & Chemicals PB Ratio Historical Data

The historical data trend for Ishan Dyes & 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.

* Premium members only.

Ishan Dyes & Chemicals PB Ratio Chart

Ishan Dyes & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.14

0.59

1.21

2.82

1.06

Ishan Dyes & Chemicals 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															-	1.06	-	1.18	-

Competitive Comparison of Ishan Dyes & Chemicals's PB Ratio

For the Chemicals subindustry, Ishan Dyes & 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.

Ishan Dyes & Chemicals's PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Ishan Dyes & Chemicals's PB Ratio falls into.

Ishan Dyes & 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.

Ishan Dyes & Chemicals's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	49.68	/	48.015
	=	1.03

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.

Ishan Dyes & Chemicals (BOM:531109) 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.

Ishan Dyes & Chemicals PB Ratio Related Terms

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

Ishan Dyes & Chemicals (BOM:531109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ishan Dyes & Chemicals Ltd (BOM:531109) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382445

Website

https://www.ishandyes.com

Ishan Dyes & Chemicals Ltd is an India-based company engaged in the manufacturing of chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue. Pigment Alpha Blues and Pigment Beta Blue. In addition, the company also manufactures a range of solvent dye which is soluble in organic solvent. It provides phthalocyanine blue pigments for plastics, water base, and offset inks and paint. The company's manufacturing plant is located in Gujarat, India.

Ishan Dyes & Chemicals (BOM:531109) Headlines

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