RAJAPALAYAM MILLS
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The Current P/B Ratio of RAJAPALAYAM MILLS is 0.40.
Share Price | ₹1,001.2 | Jan 29,2025 |
Market Cap | ₹921.1 Cr | |
Book Value | ₹2,301.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.40x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAJAPALAYAM MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹921.1 Cr] as on Jan 29,2025
(/) Book Value [ ₹2,301.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.40x ]
Thus, for RAJAPALAYAM MILLS , the investors are currently willing to pay '0.40 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 RAJAPALAYAM MILLS !
The chart below summarizes the trend in P/B Ratio of RAJAPALAYAM MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of RAJAPALAYAM MILLS
PB Ratio Performance Analysis for RAJAPALAYAM MILLS
- RAJAPALAYAM MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.29x.
- RAJAPALAYAM MILLS 's operated at median p/b ratio of 0.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJAPALAYAM MILLS 's p/b ratio peaked in Mar2024 at 0.36x.
- RAJAPALAYAM MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.2x.
How does RAJAPALAYAM 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 |
---|---|---|---|
RAJAPALAYAM MILLS | 2,301.63 | 0.40 | 921.1 |
TRIDENT LTD | 4,314.15 | 3.57 | 15,420.4 |
FILATEX INDIA LTD | 1,203.49 | 1.81 | 2,183.8 |
NITIN SPINNERS LTD | 1,146.33 | 1.91 | 2,193.7 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.53 | 782.8 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 0.91 | 870.8 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.98 | 845.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.53 | 518.5 |
SUPER SALES INDIA LTD | 557.67 | 0.57 | 318.2 |
PRECOT LTD | 418.21 | 1.46 | 610.3 |
MARAL OVERSEAS LTD | 131.54 | 2.52 | 331.4 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs RAJAPALAYAM MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.40x |
Max industry PB | 3.57x |
Median industry PB | 0.98x |
Average industry PB | 1.38x |
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