Indo Borax & Chemicals Adjusts Valuation Amid Competitive Industry Landscape

Indo Borax & Chemicals has recently undergone a valuation adjustment, reflecting changes in its financial metrics and market positioning within the chemicals industry. The company's price-to-earnings ratio stands at 11.95, while its price-to-book value is recorded at 1.66. Additionally, the enterprise value to EBITDA ratio is 8.34, and the PEG ratio is noted at 1.37. The company also offers a dividend yield of 0.61%, with a return on capital employed (ROCE) of 23.57% and a return on equity (ROE) of 13.58%.
In comparison to its peers, Indo Borax & Chemicals presents a competitive valuation landscape. For instance, Sr. Rayala Hypo is positioned attractively with a lower PE ratio of 10.26, while Indo Amines shows a higher PE at 16.25. Notably, Sadhana Nitro is significantly higher in valuation metrics, indicating a stark contrast in market perceptions. The performance of Indo Borax over various periods shows a mixed trend, with a notable return of 434.66% over five years, compared to the Sensex's 97.82% in the same timeframe. This evaluation adjustment highlights the company's current standing amidst its industry peers.