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RELIANCE CHEMOTEX INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of RELIANCE CHEMOTEX INDUSTRIES is 1.17.

Share Price ₹209.1Dec 24,2024
Market Cap ₹156.8 Cr
Book Value₹133.7 CrMar2024 - Standalone Results
Price/Book 1.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RELIANCE CHEMOTEX INDUSTRIES

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

Applying the above formula, P/B ratio of RELIANCE CHEMOTEX INDUSTRIES is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 1.17x.

- 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 ValuePB RatioMarket Cap
RELIANCE CHEMOTEX INDUSTRIES 133.651.17156.8
TRIDENT LTD4,314.153.9517,025.6
FILATEX INDIA LTD1,203.492.272,732.8
NITIN SPINNERS LTD1,146.332.232,554.1
NAHAR SPINNING MILLS LTD1,481.180.681,004.1
SUTLEJ TEXTILES AND INDUSTRIES LTD961.101.161,118.6
AMBIKA COTTON MILLS LTD858.891.10946.1
RAJAPALAYAM MILLS LTD2,301.630.451,043.0
NAHAR INDUSTRIAL ENTERPRISES LTD970.540.64616.3
SUPER SALES INDIA LTD557.670.75417.7
PRECOT LTD418.211.67699.2

Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs RELIANCE CHEMOTEX INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB 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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