PREMCO GLOBAL
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The Current P/B Ratio of PREMCO GLOBAL is 1.29.
Share Price | ₹442.0 | Dec 26,2024 |
Market Cap | ₹145.8 Cr | |
Book Value | ₹112.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.29x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PREMCO GLOBAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹145.8 Cr] as on Dec 26,2024
(/) Book Value [ ₹112.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.29x ]
Thus, for PREMCO GLOBAL , the investors are currently willing to pay '1.29 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 PREMCO GLOBAL !
The chart below summarizes the trend in P/B Ratio of PREMCO GLOBAL over the last five years.
Historical PB (Price/Book ) ratio chart of PREMCO GLOBAL
PB Ratio Performance Analysis for PREMCO GLOBAL
- PREMCO GLOBAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.97x.
- PREMCO GLOBAL 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PREMCO GLOBAL 's p/b ratio peaked in Mar2021 at 1.3x.
- PREMCO GLOBAL 's p/b ratio hit its five-year low in Mar2020 of 0.21x.
How does PREMCO GLOBAL 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PREMCO GLOBAL | 112.85 | 1.29 | 145.8 |
PAGE INDUSTRIES LTD | 1,596.93 | 32.90 | 52,540.6 |
KPR MILL LTD | 4,358.23 | 8.10 | 35,283.8 |
VEDANT FASHIONS LTD | 1,593.52 | 18.86 | 30,054.4 |
SWAN ENERGY LTD | 6,278.89 | 3.57 | 22,404.3 |
WELSPUN LIVING LTD | 4,508.87 | 3.35 | 15,082.7 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.54 | 10,585.9 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.63 | 14,813.0 |
ARVIND LTD | 3,540.19 | 2.98 | 10,565.0 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.17 | 8,847.8 |
JINDAL WORLDWIDE LTD | 719.07 | 11.18 | 8,040.9 |
Textile Industry Benchmark (Top 10) PB Analysis vs PREMCO GLOBAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.54x |
Max industry PB | 32.90x |
Median industry PB | 3.57x |
Average industry PB | 8.23x |
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