CANDOUR TECHTEX
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The Current P/B Ratio of CANDOUR TECHTEX is 5.85.
Share Price | ₹89.9 | Feb 21,2025 |
Market Cap | ₹161.7 Cr | |
Book Value | ₹27.6 Cr | Mar2024 - Standalone Results |
Price/Book | 5.85x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of CANDOUR TECHTEX
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹161.7 Cr] as on Feb 21,2025
(/) Book Value [ ₹27.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.85x ]
Thus, for CANDOUR TECHTEX , the investors are currently willing to pay '5.85 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 CANDOUR TECHTEX !
The chart below summarizes the trend in P/B Ratio of CANDOUR TECHTEX over the last five years.
Historical PB (Price/Book ) ratio chart of CANDOUR TECHTEX
PB Ratio Performance Analysis for CANDOUR TECHTEX
- CANDOUR TECHTEX 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.75x.
- CANDOUR TECHTEX 's operated at median p/b ratio of 2.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CANDOUR TECHTEX 's p/b ratio peaked in Mar2021 at 4.64x.
- CANDOUR TECHTEX 's p/b ratio hit its five-year low in Mar2020 of 1.92x.
How does CANDOUR TECHTEX 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CANDOUR TECHTEX | 27.63 | 5.85 | 161.7 |
PAGE INDUSTRIES LTD | 1,596.93 | 28.71 | 45,846.7 |
KPR MILL LTD | 4,358.23 | 6.36 | 27,697.2 |
VEDANT FASHIONS LTD | 1,593.52 | 13.31 | 21,208.6 |
SWAN ENERGY LTD | 6,278.89 | 2.15 | 13,491.2 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.34 | 12,175.7 |
WELSPUN LIVING LTD | 4,508.87 | 2.53 | 11,404.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.42 | 8,321.7 |
ARVIND LTD | 3,540.19 | 2.39 | 8,444.9 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.14 | 7,580.9 |
JINDAL WORLDWIDE LTD | 719.07 | 9.95 | 7,152.6 |
Textile Industry Benchmark (Top 10) PB Analysis vs CANDOUR TECHTEX 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.42x |
Max industry PB | 28.71x |
Median industry PB | 5.85x |
Average industry PB | 7.12x |
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