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AMARJOTHI SPINNING MILLS
PB (Price/Book ) Ratio

The Current P/B Ratio of AMARJOTHI SPINNING MILLS is 0.66.

Share Price ₹188.1Jan 15,2025
Market Cap ₹127.9 Cr
Book Value₹193.4 CrMar2024 - Consolidated Results
Price/Book 0.66xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of AMARJOTHI SPINNING MILLS

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 AMARJOTHI SPINNING MILLS is calculated as :

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 ]

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

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 latest p/b ratio is 0.66x.

- 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 ValuePB RatioMarket Cap
AMARJOTHI SPINNING MILLS 193.400.66127.9
TRIDENT LTD4,314.153.7416,118.5
FILATEX INDIA LTD1,203.491.982,380.0
NITIN SPINNERS LTD1,146.331.992,276.1
NAHAR SPINNING MILLS LTD1,481.180.58859.3
SUTLEJ TEXTILES AND INDUSTRIES LTD961.101.00959.2
AMBIKA COTTON MILLS LTD858.891.04892.1
RAJAPALAYAM MILLS LTD2,301.630.431,000.0
NAHAR INDUSTRIAL ENTERPRISES LTD970.540.59574.6
SUPER SALES INDIA LTD557.670.63353.2
PRECOT LTD418.211.71715.1

Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs AMARJOTHI SPINNING MILLS 's P/B Ratio

Top 10 Industry PeersPB 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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