Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; solvent cement and lubricants; ASTM plumbing pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement lubricant and primer. It distributes its products through dealers and retail outlets. Finolex Industries Limited was founded in 1956 and is headquartered in Pune, India.
P/B ratio for Finolex Industries Limited (FINPIPE.NS)
P/B ratio as of 2023: 2.73
According to Finolex Industries Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.73. At the end of 2022 the company had a P/B ratio of 2.15.
P/B ratio history for Finolex Industries Limited from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.73 |
| 2022 | 2.15 |
| 2021 | 2.44 |
| 2020 | 12.57 |
| 2019 | 2.45 |
| 2018 | 2.43 |
| 2017 | 2.91 |
| 2016 | 3.10 |
| 2015 | 4.54 |
| 2014 | 4.47 |
| 2013 | 3.00 |
| 2012 | 1.68 |
| 2011 | 0.94 |
| 2010 | 1.75 |
| 2009 | 1.38 |
| 2008 | 0.70 |
| 2007 | 1.47 |
| 2006 | 1.62 |
| 2005 | 1.71 |
| 2004 | 1.73 |