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NAHAR INDUSTRIAL ENTERPRISES
PB (Price/Book ) Ratio

The Current P/B Ratio of NAHAR INDUSTRIAL ENTERPRISES is 0.59.

Share Price ₹132.1Nov 25,2024
Market Cap ₹570.7 Cr
Book Value₹970.5 CrMar2024 - Consolidated Results
Price/Book 0.59xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NAHAR INDUSTRIAL ENTERPRISES

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 NAHAR INDUSTRIAL ENTERPRISES is calculated as :

Current Market Cap [ ₹570.7 Cr] as on Nov 25,2024

(/) Book Value [ ₹970.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 0.59x ]

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

Thus, for NAHAR INDUSTRIAL ENTERPRISES , the investors are currently willing to pay '0.59 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 NAHAR INDUSTRIAL ENTERPRISES !

The chart below summarizes the trend in P/B Ratio of NAHAR INDUSTRIAL ENTERPRISES over the last five years.

Historical PB (Price/Book ) ratio chart of NAHAR INDUSTRIAL ENTERPRISES


PB Ratio Performance Analysis for NAHAR INDUSTRIAL ENTERPRISES

- NAHAR INDUSTRIAL ENTERPRISES 's latest p/b ratio is 0.59x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.39x.

- NAHAR INDUSTRIAL ENTERPRISES 's operated at median p/b ratio of 0.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR INDUSTRIAL ENTERPRISES 's p/b ratio peaked in Mar2022 at 0.73x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/b ratio hit its five-year low in Mar2020 of 0.09x.


How does NAHAR INDUSTRIAL ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Book ValuePB RatioMarket Cap
NAHAR INDUSTRIAL ENTERPRISES 970.540.59570.7
TRIDENT LTD4,314.153.7716,256.1
FILATEX INDIA LTD1,203.492.322,789.2
NITIN SPINNERS LTD1,146.331.852,116.4
NAHAR SPINNING MILLS LTD1,481.180.58866.1
SUTLEJ TEXTILES AND INDUSTRIES LTD961.100.99949.6
AMBIKA COTTON MILLS LTD858.890.96823.5
RAJAPALAYAM MILLS LTD2,301.630.41939.4
SUPER SALES INDIA LTD557.670.71398.0
PRECOT LTD418.211.56650.6
MARAL OVERSEAS LTD131.542.28299.7

Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.41x
Max industry PB 3.77x
Median industry PB 0.99x
Average industry PB 1.46x



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