GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polylink Polymers (India) Ltd (BOM:531454) » Definitions » PB Ratio

Polylink Polymers (India) (BOM:531454) PB Ratio : 2.49 (As of Apr. 30, 2024)


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

What is Polylink Polymers (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 (2024-04-30), Polylink Polymers (India)'s share price is ₹29.95. Polylink Polymers (India)'s Book Value per Share for the quarter that ended in Dec. 2023 was ₹12.02. Hence, Polylink Polymers (India)'s PB Ratio of today is 2.49.

The historical rank and industry rank for Polylink Polymers (India)'s PB Ratio or its related term are showing as below:

BOM:531454' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.68   Max: 4.08
Current: 2.41

During the past 13 years, Polylink Polymers (India)'s highest PB Ratio was 4.08. The lowest was 0.40. And the median was 1.68.

BOM:531454's PB Ratio is ranked worse than
66.6% of 1533 companies
in the Chemicals industry
Industry Median: 1.59 vs BOM:531454: 2.41

During the past 12 months, Polylink Polymers (India)'s average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Polylink Polymers (India) was 36.10% per year. The lowest was 3.70% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


Polylink Polymers (India) PB Ratio Historical Data

The historical data trend for Polylink Polymers (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.

Polylink Polymers (India) PB Ratio Chart

Polylink Polymers (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 0.69 1.06 2.06 1.65

Polylink Polymers (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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.65 - 2.00 -

Competitive Comparison of Polylink Polymers (India)'s PB Ratio

For the Specialty Chemicals subindustry, Polylink Polymers (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.


Polylink Polymers (India)'s PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polylink Polymers (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Polylink Polymers (India)'s PB Ratio falls into.



Polylink Polymers (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.

Polylink Polymers (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=29.95/12.019
=2.49

* 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.


Polylink Polymers (India)  (BOM:531454) 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.


Polylink Polymers (India) PB Ratio Related Terms

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


Polylink Polymers (India) (BOM:531454) Business Description

Traded in Other Exchanges
N/A
Address
506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006
Polylink Polymers (India) Ltd is engaged in the manufacture of polymer compounds. The company is predominantly engaged in only one segment being Polymeric Compounds business. It offers a range of products including Filled PP Compound for Plastic Chair and Engineering Applications, Black Masterbatches, Colour Masterbatches, Wire and Cable Compounds, Compounds for Cable Jointing Accessories, Additive Masterbatches, and Filler for Woven and Non-Woven. The company's wire and cable compounds are used in power and telecommunication cables; special compounds for cable accessories; addictive masterbatches; and cross-linked PE compounds for use in pipes. Geographically, it derives a majority of its revenue from India.

Polylink Polymers (India) (BOM:531454) Headlines

No Headlines