KITEX GARMENTS
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The Current P/B Ratio of KITEX GARMENTS is 3.51.
Share Price | ₹159.0 | Mar 11,2025 |
Market Cap | ₹3,171.1 Cr | |
Book Value | ₹904.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.51x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of KITEX GARMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,171.1 Cr] as on Mar 11,2025
(/) Book Value [ ₹904.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.51x ]
Thus, for KITEX GARMENTS , the investors are currently willing to pay '3.51 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 KITEX GARMENTS !
The chart below summarizes the trend in P/B Ratio of KITEX GARMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of KITEX GARMENTS
PB Ratio Performance Analysis for KITEX GARMENTS
- KITEX GARMENTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.26x.
- KITEX GARMENTS 's operated at median p/b ratio of 1.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KITEX GARMENTS 's p/b ratio peaked in Mar2022 at 2.04x.
- KITEX GARMENTS 's p/b ratio hit its five-year low in Mar2020 of 0.89x.
How does KITEX GARMENTS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
KITEX GARMENTS | 904.59 | 3.51 | 3,171.1 |
PAGE INDUSTRIES LTD | 1,596.93 | 27.79 | 44,386.2 |
KPR MILL LTD | 4,358.23 | 6.93 | 30,221.5 |
VEDANT FASHIONS LTD | 1,593.52 | 12.08 | 19,245.8 |
SWAN ENERGY LTD | 6,278.89 | 2.06 | 12,944.2 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.21 | 11,040.7 |
WELSPUN LIVING LTD | 4,508.87 | 2.59 | 11,687.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.41 | 8,013.9 |
ARVIND LTD | 3,540.19 | 2.40 | 8,490.8 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.24 | 7,696.1 |
JINDAL WORLDWIDE LTD | 719.07 | 8.81 | 6,334.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs KITEX GARMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.41x |
Max industry PB | 27.79x |
Median industry PB | 3.51x |
Average industry PB | 6.66x |
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