NANDAN DENIM
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The Current P/B Ratio of NANDAN DENIM is 1.25.
Share Price | ₹5.1 | Dec 20,2024 |
Market Cap | ₹733.7 Cr | |
Book Value | ₹585.2 Cr | Mar2024 - Standalone Results |
Price/Book | 1.25x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NANDAN DENIM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹733.7 Cr] as on Dec 20,2024
(/) Book Value [ ₹585.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.25x ]
Thus, for NANDAN DENIM , the investors are currently willing to pay '1.25 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 NANDAN DENIM !
The chart below summarizes the trend in P/B Ratio of NANDAN DENIM over the last five years.
Historical PB (Price/Book ) ratio chart of NANDAN DENIM
PB Ratio Performance Analysis for NANDAN DENIM
- NANDAN DENIM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.67x.
- NANDAN DENIM 's operated at median p/b ratio of 0.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NANDAN DENIM 's p/b ratio peaked in Mar2022 at 1.67x.
- NANDAN DENIM 's p/b ratio hit its five-year low in Mar2020 of 0.15x.
How does NANDAN DENIM 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NANDAN DENIM | 585.20 | 1.25 | 733.7 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.11 | 54,464.3 |
KPR MILL LTD | 4,358.23 | 9.01 | 39,271.0 |
VEDANT FASHIONS LTD | 1,593.52 | 19.78 | 31,520.4 |
SWAN ENERGY LTD | 6,278.89 | 3.69 | 23,198.9 |
WELSPUN LIVING LTD | 4,508.87 | 3.47 | 15,643.8 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.53 | 10,521.3 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.67 | 15,180.2 |
ARVIND LTD | 3,540.19 | 3.06 | 10,825.4 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.95 | 8,572.6 |
JINDAL WORLDWIDE LTD | 719.07 | 11.01 | 7,913.5 |
Textile Industry Benchmark (Top 10) PB Analysis vs NANDAN DENIM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.53x |
Max industry PB | 34.11x |
Median industry PB | 3.69x |
Average industry PB | 8.50x |
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