AXITA COTTON
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The Current P/B Ratio of AXITA COTTON is 5.62.
Share Price | ₹10.4 | Jan 29,2025 |
Market Cap | ₹362.8 Cr | |
Book Value | ₹64.6 Cr | Mar2024 - Standalone Results |
Price/Book | 5.62x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AXITA COTTON
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹362.8 Cr] as on Jan 29,2025
(/) Book Value [ ₹64.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.62x ]
Thus, for AXITA COTTON , the investors are currently willing to pay '5.62 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 AXITA COTTON !
The chart below summarizes the trend in P/B Ratio of AXITA COTTON over the last five years.
Historical PB (Price/Book ) ratio chart of AXITA COTTON
PB Ratio Performance Analysis for AXITA COTTON
- AXITA COTTON 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.81x.
- AXITA COTTON 's operated at median p/b ratio of 7.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXITA COTTON 's p/b ratio peaked in Mar2023 at 21.33x.
- AXITA COTTON 's p/b ratio hit its five-year low in Mar2021 of 2.44x.
How does AXITA COTTON 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AXITA COTTON | 64.56 | 5.62 | 362.8 |
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 |
ARVIND LTD | 3,540.19 | 2.50 | 8,837.3 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.47 | 7,980.5 |
JINDAL WORLDWIDE LTD | 719.07 | 11.40 | 8,198.3 |
Textile Industry Benchmark (Top 10) PB Analysis vs AXITA COTTON 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.46x |
Max industry PB | 31.49x |
Median industry PB | 5.62x |
Average industry PB | 8.06x |
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