BANNARI AMMAN SPINNING MILLS
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The Current P/B Ratio of BANNARI AMMAN SPINNING MILLS is 0.55.
Share Price | ₹34.0 | Feb 28,2025 |
Market Cap | ₹220.3 Cr | |
Book Value | ₹399.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.55x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BANNARI AMMAN SPINNING MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹220.3 Cr] as on Feb 28,2025
(/) Book Value [ ₹399.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.55x ]
Thus, for BANNARI AMMAN SPINNING MILLS , the investors are currently willing to pay '0.55 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 BANNARI AMMAN SPINNING MILLS !
The chart below summarizes the trend in P/B Ratio of BANNARI AMMAN SPINNING MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of BANNARI AMMAN SPINNING MILLS
PB Ratio Performance Analysis for BANNARI AMMAN SPINNING MILLS
- BANNARI AMMAN SPINNING MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.66x.
- BANNARI AMMAN SPINNING MILLS 's operated at median p/b ratio of 0.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANNARI AMMAN SPINNING MILLS 's p/b ratio peaked in Mar2022 at 1.11x.
- BANNARI AMMAN SPINNING MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.34x.
How does BANNARI AMMAN 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 |
---|---|---|---|
BANNARI AMMAN SPINNING MILLS | 399.34 | 0.55 | 220.3 |
TRIDENT LTD | 4,314.15 | 3.05 | 13,137.4 |
SANATHAN TEXTILES LTD | 1,272.93 | 1.99 | 2,533.8 |
NITIN SPINNERS LTD | 1,146.33 | 1.51 | 1,732.1 |
FILATEX INDIA LTD | 1,203.49 | 1.47 | 1,771.4 |
JAYBHARAT TEXTILES & REAL ESTATE LTD | -458.84 | -2.34 | 1,072.0 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.88 | 756.8 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.32 | 737.1 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.47 | 699.7 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 0.68 | 649.4 |
PRECOT LTD | 418.21 | 1.23 | 513.1 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs BANNARI AMMAN SPINNING MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -2.34x |
Max industry PB | 3.05x |
Median industry PB | 0.88x |
Average industry PB | 0.89x |
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