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GO FASHION (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of GO FASHION (INDIA) is 9.54.

Share Price ₹1,066.8Nov 21,2024
Market Cap ₹5,760.5 Cr
Book Value₹603.9 CrMar2024 - Standalone Results
Price/Book 9.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GO FASHION (INDIA)

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 GO FASHION (INDIA) is calculated as :

Current Market Cap [ ₹5,760.5 Cr] as on Nov 21,2024

(/) Book Value [ ₹603.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 9.54x ]

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

Thus, for GO FASHION (INDIA) , the investors are currently willing to pay '9.54 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 GO FASHION (INDIA) !

The chart below summarizes the trend in P/B Ratio of GO FASHION (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of GO FASHION (INDIA)


PB Ratio Performance Analysis for GO FASHION (INDIA)

- GO FASHION (INDIA) 's latest p/b ratio is 9.54x.

- GO FASHION (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.73x.

- GO FASHION (INDIA) 's operated at median p/b ratio of 10.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GO FASHION (INDIA) 's p/b ratio peaked in Mar2022 at 12.51x.

- GO FASHION (INDIA) 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does GO FASHION (INDIA) 's P/B Ratio benchmark against top 10 peers in Retailing Industry?

Peer Comparison (Retailing Industry)Book ValuePB RatioMarket Cap
GO FASHION (INDIA) 603.909.545,760.5
AVENUE SUPERMARTS LTD18,660.9012.62235,539.0
TRENT LTD4,067.7456.45229,625.0
METRO BRANDS LTD1,843.2816.5730,537.2
ADITYA BIRLA FASHION AND RETAIL LTD3,954.457.7130,471.0
BATA INDIA LTD1,526.8910.7916,475.9
REDTAPE LTD648.4317.1911,143.9
SHOPPERS STOP LTD290.0222.806,612.7
ELECTRONICS MART INDIA LTD1,369.664.486,136.7
ETHOS LTD883.978.157,207.7
VAIBHAV GLOBAL LTD1,242.163.604,476.0

Retailing Industry Benchmark (Top 10) PB Analysis vs GO FASHION (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.60x
Max industry PB 56.45x
Median industry PB 10.79x
Average industry PB 15.45x



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