FLEXITUFF VENTURES INTERNATIONAL
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The Current P/B Ratio of FLEXITUFF VENTURES INTERNATIONAL is -5.41.
Share Price | ₹60.7 | Dec 24,2024 |
Market Cap | ₹194.8 Cr | |
Book Value | ₹-36.0 Cr | Mar2024 - Consolidated Results |
Price/Book | -5.41x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of FLEXITUFF VENTURES INTERNATIONAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹194.8 Cr] as on Dec 24,2024
(/) Book Value [ ₹-36.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -5.41x ]
Thus, for FLEXITUFF VENTURES INTERNATIONAL , the investors are currently willing to pay '-5.41 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 FLEXITUFF VENTURES INTERNATIONAL !
The chart below summarizes the trend in P/B Ratio of FLEXITUFF VENTURES INTERNATIONAL over the last five years.
Historical PB (Price/Book ) ratio chart of FLEXITUFF VENTURES INTERNATIONAL
PB Ratio Performance Analysis for FLEXITUFF VENTURES INTERNATIONAL
- FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.73x.
- FLEXITUFF VENTURES INTERNATIONAL 's operated at median p/b ratio of 0.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio peaked in Mar2022 at 1.13x.
- FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio hit its five-year low in Mar2024 of -4.05x.
How does FLEXITUFF VENTURES INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
FLEXITUFF VENTURES INTERNATIONAL | -36.01 | -5.41 | 194.8 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.11 | 54,464.6 |
KPR MILL LTD | 4,358.23 | 8.25 | 35,972.5 |
VEDANT FASHIONS LTD | 1,593.52 | 19.18 | 30,568.1 |
SWAN ENERGY LTD | 6,278.89 | 3.64 | 22,869.8 |
WELSPUN LIVING LTD | 4,508.87 | 3.39 | 15,264.9 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.54 | 10,774.6 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.68 | 15,332.0 |
ARVIND LTD | 3,540.19 | 3.01 | 10,639.6 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.87 | 8,475.4 |
JINDAL WORLDWIDE LTD | 719.07 | 11.48 | 8,253.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs FLEXITUFF VENTURES INTERNATIONAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.41x |
Max industry PB | 34.11x |
Median industry PB | 3.64x |
Average industry PB | 7.79x |
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