GARWARE TECHNICAL FIBRES
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The Current P/B Ratio of GARWARE TECHNICAL FIBRES is 7.68.
Share Price | ₹4,760.5 | Dec 17,2024 |
Market Cap | ₹9,473.4 Cr | |
Book Value | ₹1,233.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.68x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GARWARE TECHNICAL FIBRES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,473.4 Cr] as on Dec 17,2024
(/) Book Value [ ₹1,233.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.68x ]
Thus, for GARWARE TECHNICAL FIBRES , the investors are currently willing to pay '7.68 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 GARWARE TECHNICAL FIBRES !
The chart below summarizes the trend in P/B Ratio of GARWARE TECHNICAL FIBRES over the last five years.
Historical PB (Price/Book ) ratio chart of GARWARE TECHNICAL FIBRES
PB Ratio Performance Analysis for GARWARE TECHNICAL FIBRES
- GARWARE TECHNICAL FIBRES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.41x.
- GARWARE TECHNICAL FIBRES 's operated at median p/b ratio of 5.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GARWARE TECHNICAL FIBRES 's p/b ratio peaked in Mar2021 at 6.53x.
- GARWARE TECHNICAL FIBRES 's p/b ratio hit its five-year low in Mar2020 of 3.16x.
How does GARWARE TECHNICAL FIBRES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GARWARE TECHNICAL FIBRES | 1,233.86 | 7.68 | 9,473.4 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.36 | 54,869.0 |
KPR MILL LTD | 4,358.23 | 8.42 | 36,690.3 |
VEDANT FASHIONS LTD | 1,593.52 | 20.54 | 32,736.1 |
SWAN ENERGY LTD | 6,278.89 | 3.88 | 24,358.7 |
WELSPUN LIVING LTD | 4,508.87 | 3.66 | 16,492.6 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.57 | 11,261.2 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.76 | 16,060.8 |
ARVIND LTD | 3,540.19 | 3.31 | 11,730.8 |
JINDAL WORLDWIDE LTD | 719.07 | 11.64 | 8,367.7 |
INDO COUNT INDUSTRIES LTD | 2,089.07 | 3.79 | 7,925.1 |
Textile Industry Benchmark (Top 10) PB Analysis vs GARWARE TECHNICAL FIBRES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.57x |
Max industry PB | 34.36x |
Median industry PB | 3.88x |
Average industry PB | 8.95x |
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