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CANDOUR TECHTEX
PB (Price/Book ) Ratio

The Current P/B Ratio of CANDOUR TECHTEX is 5.85.

Share Price ₹89.9Feb 21,2025
Market Cap ₹161.7 Cr
Book Value₹27.6 CrMar2024 - Standalone Results
Price/Book 5.85xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of CANDOUR TECHTEX

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 CANDOUR TECHTEX is calculated as :

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 ]

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

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 latest p/b ratio is 5.85x.

- 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 ValuePB RatioMarket Cap
CANDOUR TECHTEX 27.635.85161.7
PAGE INDUSTRIES LTD1,596.9328.7145,846.7
KPR MILL LTD4,358.236.3627,697.2
VEDANT FASHIONS LTD1,593.5213.3121,208.6
SWAN ENERGY LTD6,278.892.1513,491.2
VARDHMAN TEXTILES LTD9,100.131.3412,175.7
WELSPUN LIVING LTD4,508.872.5311,404.3
ALOK INDUSTRIES LTD-19,775.90-0.428,321.7
ARVIND LTD3,540.192.398,444.9
GARWARE TECHNICAL FIBRES LTD1,233.866.147,580.9
JINDAL WORLDWIDE LTD719.079.957,152.6

Textile Industry Benchmark (Top 10) PB Analysis vs CANDOUR TECHTEX 's P/B Ratio

Top 10 Industry PeersPB 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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