Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals. It also provides products for agro-chemicals, colorants, pigments, pharmaceuticals, and personal wellness products. In addition, the company offers optical brighteners; and products for paper, detergent, coating, and textile industries. Further, it provides phenols, cumene, isopropyl alcohol, and acetone. The company also exports its products primarily to Europe, the United States, Japan, Latin America, the Middle East, and the Far East. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.
P/B ratio for Deepak Nitrite Limited (DEEPAKNTR.NS)
P/B ratio as of 2023: 6.09
According to Deepak Nitrite Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.09. At the end of 2022 the company had a P/B ratio of 6.15.
P/B ratio history for Deepak Nitrite Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 6.09 |
| 2022 | 6.15 |
| 2021 | 9.17 |
| 2020 | 9.63 |
| 2019 | 3.34 |
| 2018 | 3.46 |
| 2017 | 3.71 |
| 2016 | 2.15 |
| 2015 | 1.53 |
| 2014 | 2.06 |
| 2013 | 1.45 |
| 2012 | 1.01 |
| 2011 | 0.59 |
| 2010 | 0.78 |
| 2009 | 0.74 |
| 2008 | 0.83 |
| 2007 | 0.95 |
| 2006 | 0.94 |