PAGE INDUSTRIES
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The Current P/B Ratio of PAGE INDUSTRIES is 31.51.
Share Price | ₹44,927.1 | Nov 22,2024 |
Market Cap | ₹50,318.4 Cr | |
Book Value | ₹1,596.9 Cr | Mar2024 - Standalone Results |
Price/Book | 31.51x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PAGE INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹50,318.4 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,596.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 31.51x ]
Thus, for PAGE INDUSTRIES , the investors are currently willing to pay '31.51 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 PAGE INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of PAGE INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of PAGE INDUSTRIES
PB Ratio Performance Analysis for PAGE INDUSTRIES
- PAGE INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.09x.
- PAGE INDUSTRIES 's operated at median p/b ratio of 30.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PAGE INDUSTRIES 's p/b ratio peaked in Mar2022 at 44.25x.
- PAGE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 23.03x.
How does PAGE INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PAGE INDUSTRIES | 1,596.93 | 31.51 | 50,318.4 |
KPR MILL LTD | 4,358.23 | 7.23 | 31,511.8 |
VEDANT FASHIONS LTD | 1,593.52 | 21.19 | 33,767.3 |
SWAN ENERGY LTD | 6,278.89 | 2.93 | 18,414.0 |
WELSPUN LIVING LTD | 4,508.87 | 3.17 | 14,291.4 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.51 | 10,079.4 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.40 | 12,712.1 |
ARVIND LTD | 3,540.19 | 2.69 | 9,506.1 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.40 | 9,131.4 |
JINDAL WORLDWIDE LTD | 719.07 | 9.00 | 6,468.8 |
INDO COUNT INDUSTRIES LTD | 2,089.07 | 3.09 | 6,447.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs PAGE INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.51x |
Max industry PB | 31.51x |
Median industry PB | 3.17x |
Average industry PB | 8.10x |
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