Grasim Industries (NSE:GRASIM) PB Ratio : 1.86 (As of Apr. 24, 2024)

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What is Grasim Industries 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 (2024-04-24), Grasim Industries's share price is ₹2337.75. Grasim Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ₹1,258.12. Hence, Grasim Industries's PB Ratio of today is 1.86.

The historical rank and industry rank for Grasim Industries's PB Ratio or its related term are showing as below:

NSE:GRASIM' s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.13 Max: 5.59
Current: 1.88

During the past 13 years, Grasim Industries's highest PB Ratio was 5.59. The lowest was 0.53. And the median was 1.13.

NSE:GRASIM's PB Ratio is ranked worse than
65.87% of 378 companies
in the Building Materials industry
Industry Median: 1.225 vs NSE:GRASIM: 1.88

During the past 12 months, Grasim Industries's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grasim Industries was 33.70% per year. The lowest was 4.50% per year. And the median was 13.85% per year.

Back to Basics: PB Ratio

Grasim Industries PB Ratio Historical Data

The historical data trend for Grasim Industries'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.

Grasim Industries PB Ratio Chart

Grasim Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.97

0.55

1.46

1.45

1.37

Grasim Industries 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															-	1.37	-	1.54	-

Competitive Comparison of Grasim Industries's PB Ratio

For the Building Materials subindustry, Grasim Industries'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.

Grasim Industries's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grasim Industries's PB Ratio falls into.

Grasim Industries 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.

Grasim Industries's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2337.75	/	1258.121
	=	1.86

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.

Grasim Industries (NSE:GRASIM) 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.

Grasim Industries PB Ratio Related Terms

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Grasim Industries (NSE:GRASIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grasim Industries Ltd (NSE:GRASIM) » Definitions » PB Ratio

Traded in Other Exchanges

500300:India

Address

Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030

Website

https://www.grasim.com

Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (NSE:GRASIM) Headlines

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