MANOMAY TEX INDIA
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The Current P/B Ratio of MANOMAY TEX INDIA is 2.72.
Share Price | ₹195.1 | Nov 26,2024 |
Market Cap | ₹351.1 Cr | |
Book Value | ₹129.0 Cr | Mar2024 - Standalone Results |
Price/Book | 2.72x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MANOMAY TEX INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹351.1 Cr] as on Nov 26,2024
(/) Book Value [ ₹129.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.72x ]
Thus, for MANOMAY TEX INDIA , the investors are currently willing to pay '2.72 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 MANOMAY TEX INDIA !
The chart below summarizes the trend in P/B Ratio of MANOMAY TEX INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of MANOMAY TEX INDIA
PB Ratio Performance Analysis for MANOMAY TEX INDIA
- MANOMAY TEX INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.45x.
- MANOMAY TEX INDIA 's operated at median p/b ratio of 1.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MANOMAY TEX INDIA 's p/b ratio peaked in Mar2024 at 2.39x.
- MANOMAY TEX INDIA 's p/b ratio hit its five-year low in Mar2021 of 0.79x.
How does MANOMAY TEX INDIA 's P/B Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MANOMAY TEX INDIA | 129.00 | 2.72 | 351.1 |
RAYMOND LTD | 4,598.48 | 2.41 | 11,067.2 |
SIYARAM SILK MILLS LTD | 1,137.04 | 3.10 | 3,523.4 |
VTM LTD | 263.01 | 1.45 | 380.4 |
UNITED POLYFAB GUJARAT LTD | 79.63 | 3.94 | 314.1 |
DIGJAM LTD | 15.84 | 10.45 | 165.6 |
BSL LTD | 112.68 | 2.03 | 229.2 |
AI CHAMPDANY INDUSTRIES LTD | 78.02 | 2.12 | 165.1 |
JASCH INDUSTRIES LTD | 109.88 | 1.13 | 124.0 |
Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs MANOMAY TEX INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.13x |
Max industry PB | 10.45x |
Median industry PB | 2.41x |
Average industry PB | 3.26x |
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