INDO COUNT INDUSTRIES
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The Current P/B Ratio of INDO COUNT INDUSTRIES is 3.09.
Share Price | ₹325.6 | Nov 22,2024 |
Market Cap | ₹6,449.1 Cr | |
Book Value | ₹2,089.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.09x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDO COUNT INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹6,449.1 Cr] as on Nov 22,2024
(/) Book Value [ ₹2,089.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.09x ]
Thus, for INDO COUNT INDUSTRIES , the investors are currently willing to pay '3.09 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 INDO COUNT INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of INDO COUNT INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of INDO COUNT INDUSTRIES
PB Ratio Performance Analysis for INDO COUNT INDUSTRIES
- INDO COUNT INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.82x.
- INDO COUNT INDUSTRIES 's operated at median p/b ratio of 1.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDO COUNT INDUSTRIES 's p/b ratio peaked in Mar2024 at 3.35x.
- INDO COUNT INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.48x.
How does INDO COUNT INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INDO COUNT INDUSTRIES | 2,089.07 | 3.09 | 6,449.1 |
PAGE INDUSTRIES LTD | 1,596.93 | 31.38 | 50,111.2 |
KPR MILL LTD | 4,358.23 | 7.23 | 31,511.8 |
VEDANT FASHIONS LTD | 1,593.52 | 21.19 | 33,767.3 |
SWAN ENERGY LTD | 6,278.89 | 2.93 | 18,414.0 |
WELSPUN LIVING LTD | 4,508.87 | 3.17 | 14,291.4 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.51 | 10,079.4 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.40 | 12,712.1 |
ARVIND LTD | 3,540.19 | 2.69 | 9,506.1 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.40 | 9,131.4 |
JINDAL WORLDWIDE LTD | 719.07 | 9.00 | 6,468.8 |
Textile Industry Benchmark (Top 10) PB Analysis vs INDO COUNT INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.51x |
Max industry PB | 31.38x |
Median industry PB | 3.17x |
Average industry PB | 8.09x |
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