CENTURY TEXTILES & INDUSTRIES
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The Current P/B Ratio of CENTURY TEXTILES & INDUSTRIES is 7.70.
Share Price | ₹2,735.0 | Nov 28,2024 |
Market Cap | ₹30,549.4 Cr | |
Book Value | ₹3,968.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.70x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of CENTURY TEXTILES & INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹30,549.4 Cr] as on Nov 28,2024
(/) Book Value [ ₹3,968.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.70x ]
Thus, for CENTURY TEXTILES & INDUSTRIES , the investors are currently willing to pay '7.70 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 CENTURY TEXTILES & INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of CENTURY TEXTILES & INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of CENTURY TEXTILES & INDUSTRIES
PB Ratio Performance Analysis for CENTURY TEXTILES & INDUSTRIES
- CENTURY TEXTILES & INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.28x.
- CENTURY TEXTILES & INDUSTRIES 's operated at median p/b ratio of 1.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CENTURY TEXTILES & INDUSTRIES 's p/b ratio peaked in Mar2024 at 4.6x.
- CENTURY TEXTILES & INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.95x.
How does CENTURY TEXTILES & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Diversified Industry?
Peer Comparison (Diversified Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CENTURY TEXTILES & INDUSTRIES | 3,967.97 | 7.70 | 30,549.4 |
GRASIM INDUSTRIES LTD | 88,108.60 | 1.99 | 175,250.0 |
3M INDIA LTD | 2,146.90 | 16.79 | 36,050.4 |
DCM SHRIRAM LTD | 6,522.10 | 2.68 | 17,475.7 |
BIRLA CORPORATION LTD | 6,673.77 | 1.40 | 9,323.0 |
SURYA ROSHNI LTD | 2,145.11 | 2.90 | 6,228.2 |
BALMER LAWRIE & COMPANY LTD | 1,820.80 | 2.15 | 3,915.1 |
ASPINWALL AND COMPANY LTD | 183.26 | 1.19 | 218.9 |
GILLANDERS ARBUTHNOT & COMPANY LTD | 217.45 | 1.16 | 251.7 |
Diversified Industry Benchmark (Top 10) PB Analysis vs CENTURY TEXTILES & INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.16x |
Max industry PB | 16.79x |
Median industry PB | 2.15x |
Average industry PB | 4.22x |
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