NAHAR INDUSTRIAL ENTERPRISES
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The Current P/B Ratio of NAHAR INDUSTRIAL ENTERPRISES is 0.59.
Share Price | ₹132.1 | Nov 25,2024 |
Market Cap | ₹570.7 Cr | |
Book Value | ₹970.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.59x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NAHAR INDUSTRIAL ENTERPRISES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
NAHAR INDUSTRIAL ENTERPRISES | 970.54 | 0.59 | 570.7 |
TRIDENT LTD | 4,314.15 | 3.77 | 16,256.1 |
FILATEX INDIA LTD | 1,203.49 | 2.32 | 2,789.2 |
NITIN SPINNERS LTD | 1,146.33 | 1.85 | 2,116.4 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.58 | 866.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 0.99 | 949.6 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.96 | 823.5 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.41 | 939.4 |
SUPER SALES INDIA LTD | 557.67 | 0.71 | 398.0 |
PRECOT LTD | 418.21 | 1.56 | 650.6 |
MARAL OVERSEAS LTD | 131.54 | 2.28 | 299.7 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/B Ratio
Top 10 Industry Peers | PB 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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