Pidilite Industries Ltd. traded 1.08 per cent at Rs 2980.35 at 10:20AM (IST) on Tuesday, even as BSE benchmark Sensex 265.26 points to 78805.43. The stock had settled at Rs 2948.40 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 3414.40 and Rs 2490.00, respectively.
As per BSE data, total traded volume on the counter till 10:20AM (IST) stood at 10:20AM shares with turnover at Rs 1.00 crore.
At the prevailing price, shares of the company trades at 79.20 times its trailing 12-month earnings per share of Rs 37.60 per share and 18.24 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
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