AMARJOTHI SPINNING MILLS
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The Current P/B Ratio of AMARJOTHI SPINNING MILLS is 0.66.
Share Price | ₹188.1 | Jan 15,2025 |
Market Cap | ₹127.9 Cr | |
Book Value | ₹193.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.66x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AMARJOTHI SPINNING MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹127.9 Cr] as on Jan 15,2025
(/) Book Value [ ₹193.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.66x ]
Thus, for AMARJOTHI SPINNING MILLS , the investors are currently willing to pay '0.66 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 AMARJOTHI SPINNING MILLS !
The chart below summarizes the trend in P/B Ratio of AMARJOTHI SPINNING MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of AMARJOTHI SPINNING MILLS
PB Ratio Performance Analysis for AMARJOTHI SPINNING MILLS
- AMARJOTHI SPINNING MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.54x.
- AMARJOTHI SPINNING MILLS 's operated at median p/b ratio of 0.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AMARJOTHI SPINNING MILLS 's p/b ratio peaked in Mar2022 at 0.74x.
- AMARJOTHI SPINNING MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.23x.
How does AMARJOTHI SPINNING MILLS 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AMARJOTHI SPINNING MILLS | 193.40 | 0.66 | 127.9 |
TRIDENT LTD | 4,314.15 | 3.74 | 16,118.5 |
FILATEX INDIA LTD | 1,203.49 | 1.98 | 2,380.0 |
NITIN SPINNERS LTD | 1,146.33 | 1.99 | 2,276.1 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.58 | 859.3 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 1.00 | 959.2 |
AMBIKA COTTON MILLS LTD | 858.89 | 1.04 | 892.1 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.43 | 1,000.0 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.59 | 574.6 |
SUPER SALES INDIA LTD | 557.67 | 0.63 | 353.2 |
PRECOT LTD | 418.21 | 1.71 | 715.1 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs AMARJOTHI SPINNING MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.43x |
Max industry PB | 3.74x |
Median industry PB | 1.00x |
Average industry PB | 1.30x |
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