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AK SPINTEX
PB (Price/Book ) Ratio

The Current P/B Ratio of AK SPINTEX is 14.15.

Share Price ₹864.0Feb 21,2025
Market Cap ₹432.0 Cr
Book Value₹30.5 CrMar2023 - Standalone Results
Price/Book 14.15xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AK SPINTEX

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of AK SPINTEX is calculated as :

Current Market Cap [ ₹432.0 Cr] as on Feb 21,2025

(/) Book Value [ ₹30.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 14.15x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for AK SPINTEX , the investors are currently willing to pay '14.15 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of AK SPINTEX !

The chart below summarizes the trend in P/B Ratio of AK SPINTEX over the last five years.

Historical PB (Price/Book ) ratio chart of AK SPINTEX


PB Ratio Performance Analysis for AK SPINTEX

- AK SPINTEX 's latest p/b ratio is 14.15x.

- AK SPINTEX 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.90x.

- AK SPINTEX 's operated at median p/b ratio of 0.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AK SPINTEX 's p/b ratio peaked in Mar2023 at 1.42x.

- AK SPINTEX 's p/b ratio hit its five-year low in Mar2020 of 0.26x.


How does AK SPINTEX 's P/B Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Book ValuePB RatioMarket Cap
AK SPINTEX 30.5314.15432.0
GANESHA ECOSPHERE LTD1,014.473.523,570.0
RAJ RAYON INDUSTRIES LTD108.2013.261,435.3
INDO RAMA SYNTHETICS (INDIA) LTD368.102.791,028.5
SARLA PERFORMANCE FIBERS LTD428.311.46625.0
BANSWARA SYNTEX LTD535.010.86459.1
PASUPATI ACRYLON LTD328.771.21399.3
VARDHMAN ACRYLICS LTD242.981.49362.2

Textile - Manmade Fibres Industry Benchmark (Top 10) PB Analysis vs AK SPINTEX 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.86x
Max industry PB 14.15x
Median industry PB 2.79x
Average industry PB 4.84x



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