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MANOMAY TEX INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of MANOMAY TEX INDIA is 2.79.

Share Price ₹200.0Nov 12,2024
Market Cap ₹359.9 Cr
Book Value₹129.0 CrMar2024 - Standalone Results
Price/Book 2.79xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MANOMAY TEX 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 MANOMAY TEX INDIA is calculated as :

Current Market Cap [ ₹359.9 Cr] as on Nov 12,2024

(/) Book Value [ ₹129.0 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.79x ]

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

Thus, for MANOMAY TEX INDIA , the investors are currently willing to pay '2.79 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 latest p/b ratio is 2.79x.

- 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 ValuePB RatioMarket Cap
MANOMAY TEX INDIA 129.002.79359.9
RAYMOND LTD4,598.482.2610,381.8
SIYARAM SILK MILLS LTD1,137.042.703,071.3
VTM LTD263.011.30341.4
UNITED POLYFAB GUJARAT LTD60.594.48271.3
DIGJAM LTD15.8410.92173.0
BSL LTD112.682.18245.9
AI CHAMPDANY INDUSTRIES LTD78.022.55198.6
JASCH INDUSTRIES LTD109.881.14125.6

Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs MANOMAY TEX INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.14x
Max industry PB 10.92x
Median industry PB 2.55x
Average industry PB 3.37x



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