RELAXO FOOTWEARS
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The Current P/B Ratio of RELAXO FOOTWEARS is 10.29.
| Share Price | ₹824.9 | Sep 06,2024 |
| Market Cap | ₹20,530.5 Cr | |
| Book Value | ₹1,994.9 Cr | Mar2024 - Standalone Results |
| Price/Book | 10.29x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of RELAXO FOOTWEARS
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹20,530.5 Cr] as on Sep 06,2024
(/) Book Value [ ₹1,994.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 10.29x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for RELAXO FOOTWEARS , the investors are currently willing to pay '10.29 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 RELAXO FOOTWEARS !
The chart below summarizes the trend in P/B Ratio of RELAXO FOOTWEARS over the last five years.
Thus, for RELAXO FOOTWEARS , the investors are currently willing to pay '10.29 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 RELAXO FOOTWEARS !
The chart below summarizes the trend in P/B Ratio of RELAXO FOOTWEARS over the last five years.
Historical PB (Price/Book ) ratio chart of RELAXO FOOTWEARS
PB Ratio Performance Analysis for RELAXO FOOTWEARS
- RELAXO FOOTWEARS 's latest p/b ratio is 10.29x.
- RELAXO FOOTWEARS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.45x.
- RELAXO FOOTWEARS 's operated at median p/b ratio of 11.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELAXO FOOTWEARS 's p/b ratio peaked in Mar2022 at 15.08x.
- RELAXO FOOTWEARS 's p/b ratio hit its five-year low in Mar2024 of 10.18x.
- RELAXO FOOTWEARS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.45x.
- RELAXO FOOTWEARS 's operated at median p/b ratio of 11.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELAXO FOOTWEARS 's p/b ratio peaked in Mar2022 at 15.08x.
- RELAXO FOOTWEARS 's p/b ratio hit its five-year low in Mar2024 of 10.18x.
How does RELAXO FOOTWEARS 's P/B Ratio benchmark against top 10 peers in Footwear Industry?
| Peer Comparison (Footwear Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| RELAXO FOOTWEARS | 1,994.92 | 10.29 | 20,530.5 |
| CAMPUS ACTIVEWEAR LTD | 648.66 | 13.10 | 8,499.7 |
| MIRZA INTERNATIONAL LTD | 552.61 | 1.09 | 600.8 |
| LIBERTY SHOES LTD | 198.17 | 3.94 | 780.8 |
| SUPERHOUSE LTD | 457.74 | 0.52 | 240.2 |
| LEHAR FOOTWEARS LTD | 102.30 | 3.97 | 406.6 |
Footwear Industry Benchmark (Top 10) PB Analysis vs RELAXO FOOTWEARS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.52x |
| Max industry PB | 13.10x |
| Median industry PB | 3.97x |
| Average industry PB | 5.49x |
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