R&B DENIMS
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The Current P/B Ratio of R&B DENIMS is 4.26.
Share Price | ₹76.7 | Jan 14,2025 |
Market Cap | ₹690.5 Cr | |
Book Value | ₹161.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 4.26x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of R&B DENIMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹690.5 Cr] as on Jan 14,2025
(/) Book Value [ ₹161.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.26x ]
Thus, for R&B DENIMS , the investors are currently willing to pay '4.26 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 R&B DENIMS !
The chart below summarizes the trend in P/B Ratio of R&B DENIMS over the last five years.
Historical PB (Price/Book ) ratio chart of R&B DENIMS
PB Ratio Performance Analysis for R&B DENIMS
- R&B DENIMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.30x.
- R&B DENIMS 's operated at median p/b ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, R&B DENIMS 's p/b ratio peaked in Mar2022 at 9x.
- R&B DENIMS 's p/b ratio hit its five-year low in Mar2020 of 1.3x.
How does R&B DENIMS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
R&B DENIMS | 161.91 | 4.26 | 690.5 |
PAGE INDUSTRIES LTD | 1,596.93 | 32.38 | 51,707.4 |
KPR MILL LTD | 4,358.23 | 7.36 | 32,069.0 |
VEDANT FASHIONS LTD | 1,593.52 | 17.92 | 28,555.5 |
SWAN ENERGY LTD | 6,278.89 | 3.19 | 20,055.0 |
WELSPUN LIVING LTD | 4,508.87 | 3.13 | 14,099.5 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.49 | 9,617.7 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.46 | 13,320.8 |
ARVIND LTD | 3,540.19 | 2.84 | 10,042.7 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.15 | 7,583.4 |
JINDAL WORLDWIDE LTD | 719.07 | 11.12 | 7,992.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs R&B DENIMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.49x |
Max industry PB | 32.38x |
Median industry PB | 4.26x |
Average industry PB | 8.12x |
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