DAMODAR INDUSTRIES
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The Current P/B Ratio of DAMODAR INDUSTRIES is 0.86.
Share Price | ₹44.3 | Dec 27,2024 |
Market Cap | ₹103.3 Cr | |
Book Value | ₹119.9 Cr | Mar2024 - Standalone Results |
Price/Book | 0.86x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DAMODAR INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹103.3 Cr] as on Dec 27,2024
(/) Book Value [ ₹119.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.86x ]
Thus, for DAMODAR INDUSTRIES , the investors are currently willing to pay '0.86 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 DAMODAR INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of DAMODAR INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of DAMODAR INDUSTRIES
PB Ratio Performance Analysis for DAMODAR INDUSTRIES
- DAMODAR INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.77x.
- DAMODAR INDUSTRIES 's operated at median p/b ratio of 0.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DAMODAR INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.21x.
- DAMODAR INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.45x.
How does DAMODAR INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DAMODAR INDUSTRIES | 119.85 | 0.86 | 103.3 |
TRIDENT LTD | 4,314.15 | 3.92 | 16,908.4 |
FILATEX INDIA LTD | 1,203.49 | 2.23 | 2,689.8 |
NITIN SPINNERS LTD | 1,146.33 | 2.17 | 2,491.4 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.65 | 960.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 1.13 | 1,089.6 |
AMBIKA COTTON MILLS LTD | 858.89 | 1.07 | 921.3 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.45 | 1,029.1 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.62 | 602.9 |
SUPER SALES INDIA LTD | 557.67 | 0.75 | 419.3 |
PRECOT LTD | 418.21 | 1.63 | 683.6 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs DAMODAR INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.45x |
Max industry PB | 3.92x |
Median industry PB | 1.07x |
Average industry PB | 1.41x |
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