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Grasim Industries Ltd
NSE:GRASIM

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Grasim Industries Ltd
NSE:GRASIM
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Price: 2 744.8999 INR 0.36% Market Closed
Market Cap: ₹1.9T

P/B

1.9
Current
5%
More Expensive
vs 3-y average of 1.8

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
1.9
=
Market Cap
₹2T
/
Total Equity
₹996.2B

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
1.9
=
Market Cap
₹2T
/
Total Equity
₹996.2B

Valuation Scenarios

Grasim Industries Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth ₹2 604.03 (5% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-17%
Maximum Upside
+73%
Average Upside
20%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 ₹2 744.9
0%
3-Year Average 1.8 ₹2 604.03
-5%
5-Year Average 1.6 ₹2 274.27
-17%
Industry Average 2.4 ₹3 563.78
+30%
Country Average 3.3 ₹4 759.62
+73%

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
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.9 44.3
IE
CRH PLC
NYSE:CRH
78.9B USD 3.3 21
CH
Holcim AG
SIX:HOLN
39.8B CHF 2.6 3.1
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 1.8 16.9
US
Vulcan Materials Co
NYSE:VMC
38.1B USD 4.5 35.4
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.6T INR 4.9 48.6
US
Martin Marietta Materials Inc
NYSE:MLM
37.1B USD 3.7 32.6
US
Amrize AG
SIX:AMRZ
24.4B CHF 2.3 25.9
DE
Heidelberg Materials AG
XMUN:HEI
21.7B EUR 1.2 11.2
CN
China Jushi Co Ltd
SSE:600176
133B CNY 4.3 40.5
MX
Cemex SAB de CV
NYSE:CX
18.2B USD 1.4 18.9

Market Distribution

Lower than 74% of companies in India
Percentile
26th
Based on 2 820 companies
26th percentile
1.9
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

Grasim Industries Ltd
Glance View

Grasim Industries Ltd., a flagship company of the Aditya Birla Group, weaves a multifaceted narrative in the fabric of the Indian industrial landscape. Originally established in 1947, Grasim began its journey as a textile manufacturer, a poignant start in an era when cotton and viscose staple fiber were essential economic drivers. Over the decades, Grasim has adeptly diversified its portfolio, reflecting the strategic foresight the Aditya Birla Group is known for. It ventured into the production of viscose staple fiber, cement, chemicals, financial services, and more recently, in paints. The company’s commitment to an integrated and sustainable business model allows it to operate as a conglomerate that powers several segments, thus encapsulating the dynamic spirit of India’s industrial evolution. The company generates revenue through its diversified sectors. In the viscose staple fiber segment, Grasim is a global leader in producing eco-friendly fibers used extensively in textiles and clothing. Its cement division, represented by Ultratech Cement, stands tall as one of the largest manufacturers in India, providing crucial inputs for infrastructure and construction. Additionally, Grasim's chemicals business contributes to its robust earnings by supplying essential chemicals for industries ranging from textiles to agriculture. The budding paints division and a footprint in financial services through stakeholds in Aditya Birla Capital exemplify its thrust towards harnessing growth sectors. Grasim’s strategic diversification and commitment to sustainability not only buffer it against economic cycles but also align with future-ready growth trajectories.

GRASIM Intrinsic Value
1 097.8919 INR
Overvaluation 60%
Intrinsic Value
Price ₹2 744.8999
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