RELIANCE CHEMOTEX INDUSTRIES
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The Current P/B Ratio of RELIANCE CHEMOTEX INDUSTRIES is 1.17.
Share Price | ₹209.1 | Dec 24,2024 |
Market Cap | ₹156.8 Cr | |
Book Value | ₹133.7 Cr | Mar2024 - Standalone Results |
Price/Book | 1.17x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RELIANCE CHEMOTEX INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹156.8 Cr] as on Dec 24,2024
(/) Book Value [ ₹133.7 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.17x ]
Thus, for RELIANCE CHEMOTEX INDUSTRIES , the investors are currently willing to pay '1.17 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 RELIANCE CHEMOTEX INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of RELIANCE CHEMOTEX INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of RELIANCE CHEMOTEX INDUSTRIES
PB Ratio Performance Analysis for RELIANCE CHEMOTEX INDUSTRIES
- RELIANCE CHEMOTEX INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.87x.
- RELIANCE CHEMOTEX INDUSTRIES 's operated at median p/b ratio of 0.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE CHEMOTEX INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.44x.
- RELIANCE CHEMOTEX INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.33x.
How does RELIANCE CHEMOTEX INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RELIANCE CHEMOTEX INDUSTRIES | 133.65 | 1.17 | 156.8 |
TRIDENT LTD | 4,314.15 | 3.95 | 17,025.6 |
FILATEX INDIA LTD | 1,203.49 | 2.27 | 2,732.8 |
NITIN SPINNERS LTD | 1,146.33 | 2.23 | 2,554.1 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.68 | 1,004.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 1.16 | 1,118.6 |
AMBIKA COTTON MILLS LTD | 858.89 | 1.10 | 946.1 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.45 | 1,043.0 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.64 | 616.3 |
SUPER SALES INDIA LTD | 557.67 | 0.75 | 417.7 |
PRECOT LTD | 418.21 | 1.67 | 699.2 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs RELIANCE CHEMOTEX INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.45x |
Max industry PB | 3.95x |
Median industry PB | 1.16x |
Average industry PB | 1.46x |
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