ARVIND
|
The Current P/B Ratio of ARVIND is 2.50.
Share Price | ₹337.6 | Jan 29,2025 |
Market Cap | ₹8,838.4 Cr | |
Book Value | ₹3,540.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.50x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ARVIND
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,838.4 Cr] as on Jan 29,2025
(/) Book Value [ ₹3,540.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.50x ]
Thus, for ARVIND , the investors are currently willing to pay '2.50 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 ARVIND !
The chart below summarizes the trend in P/B Ratio of ARVIND over the last five years.
Historical PB (Price/Book ) ratio chart of ARVIND
PB Ratio Performance Analysis for ARVIND
- ARVIND 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.90x.
- ARVIND 's operated at median p/b ratio of 0.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ARVIND 's p/b ratio peaked in Mar2024 at 2x.
- ARVIND 's p/b ratio hit its five-year low in Mar2020 of 0.19x.
How does ARVIND 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ARVIND | 3,540.19 | 2.50 | 8,838.4 |
PAGE INDUSTRIES LTD | 1,596.93 | 31.49 | 50,291.8 |
KPR MILL LTD | 4,358.23 | 7.30 | 31,810.9 |
VEDANT FASHIONS LTD | 1,593.52 | 16.91 | 26,938.9 |
SWAN ENERGY LTD | 6,278.89 | 2.78 | 17,426.6 |
WELSPUN LIVING LTD | 4,508.87 | 3.17 | 14,315.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.46 | 9,141.0 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.45 | 13,229.8 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.47 | 7,980.5 |
JINDAL WORLDWIDE LTD | 719.07 | 11.40 | 8,198.3 |
INDO COUNT INDUSTRIES LTD | 2,089.07 | 2.86 | 5,979.3 |
Textile Industry Benchmark (Top 10) PB Analysis vs ARVIND 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.46x |
Max industry PB | 31.49x |
Median industry PB | 3.17x |
Average industry PB | 7.81x |
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