NAHAR SPINNING MILLS
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The Current P/B Ratio of NAHAR SPINNING MILLS is 0.69.
Share Price | ₹282.0 | Dec 12,2024 |
Market Cap | ₹1,018.0 Cr | |
Book Value | ₹1,481.2 Cr | Mar2024 - Standalone Results |
Price/Book | 0.69x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NAHAR SPINNING MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,018.0 Cr] as on Dec 12,2024
(/) Book Value [ ₹1,481.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.69x ]
Thus, for NAHAR SPINNING MILLS , the investors are currently willing to pay '0.69 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 SPINNING MILLS !
The chart below summarizes the trend in P/B Ratio of NAHAR SPINNING MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of NAHAR SPINNING MILLS
PB Ratio Performance Analysis for NAHAR SPINNING MILLS
- NAHAR SPINNING MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.58x.
- NAHAR SPINNING MILLS 's operated at median p/b ratio of 0.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NAHAR SPINNING MILLS 's p/b ratio peaked in Mar2022 at 1.15x.
- NAHAR SPINNING MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.11x.
How does NAHAR SPINNING MILLS '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 SPINNING MILLS | 1,481.18 | 0.69 | 1,018.0 |
TRIDENT LTD | 4,314.15 | 4.26 | 18,391.3 |
FILATEX INDIA LTD | 1,203.49 | 2.54 | 3,055.1 |
NITIN SPINNERS LTD | 1,146.33 | 2.32 | 2,660.3 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 1.13 | 1,085.5 |
AMBIKA COTTON MILLS LTD | 858.89 | 1.13 | 966.4 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.41 | 939.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.67 | 647.7 |
SUPER SALES INDIA LTD | 557.67 | 0.80 | 448.2 |
PRECOT LTD | 418.21 | 1.82 | 760.6 |
MARAL OVERSEAS LTD | 131.54 | 2.62 | 344.4 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs NAHAR SPINNING MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.41x |
Max industry PB | 4.26x |
Median industry PB | 1.13x |
Average industry PB | 1.67x |
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