Jyoti Resins and Adhesives Ltd
BSE:514448

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Jyoti Resins and Adhesives Ltd
BSE:514448
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Price: 851 INR -0.18% Market Closed
Market Cap: ₹10.2B

P/B

4
Current
60%
Cheaper
vs 3-y average of 10

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4
=
Market Cap
₹10.1B
/
Total Equity
₹2.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4
=
Market Cap
₹10.1B
/
Total Equity
₹2.5B

Valuation Scenarios

Jyoti Resins and Adhesives Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (10), the stock would be worth ₹2 113.45 (148% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-30%
Maximum Upside
+148%
Average Upside
58%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4 ₹851
0%
3-Year Average 10 ₹2 113.45
+148%
5-Year Average 9.5 ₹2 000.72
+135%
Industry Average 2.8 ₹591.63
-30%
Country Average 3.3 ₹685.26
-19%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
Jyoti Resins and Adhesives Ltd
BSE:514448
10.2B INR 4 14.7
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.3T JPY 3.1 27.3
US
Sherwin-Williams Co
NYSE:SHW
80.3B USD 17.5 31.3
US
Ecolab Inc
NYSE:ECL
75.3B USD 7.7 36.3
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 0.7 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.1B CNY 2.6 21.3
CH
Givaudan SA
SIX:GIVN
25.9B CHF 5.7 24.3
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 11.8 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 11.9 60.8
US
PPG Industries Inc
NYSE:PPG
24.1B USD 3 15.3
CH
Sika AG
F:SIKA
19.9B EUR 2.7 17.5

Market Distribution

In line with most companies in India
Percentile
58th
Based on 2 820 companies
58th percentile
4
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Jyoti Resins and Adhesives Ltd
Glance View

Market Cap
10.2B INR
Industry
Chemicals

Jyoti Resins & Adhesives Ltd. engages in the manufacture and trading of synthetic wood adhesives. The company is headquartered in Ahmedabad, Gujarat. The firm's products include EURO XTRA, EURO WP 2IN1, EURO EXREME 3, EURO ULTRA 5IN1, EURO PVC GLUE, EURO EXTREME 3 HI STRONG, EURO 2IN1 and EURO EWR. The firm's products are used in residential, commercial and industrial sectors. The firm's products are available in all sizes from 500 grams (gm) to 20 kilograms (kg). The firm has approximately 22 branches and operates across 12 states in India. The firm has a plant with a capacity of approximately 1500 tons/month, which is located at Santej, Kalol.

JYOTIRES Intrinsic Value
1 117.92 INR
Undervaluation 24%
Intrinsic Value
Price ₹851
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