RRIL
|
The Current P/B Ratio of RRIL is 2.47.
Share Price | ₹20.1 | Nov 26,2024 |
Market Cap | ₹243.1 Cr | |
Book Value | ₹98.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.47x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RRIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹243.1 Cr] as on Nov 26,2024
(/) Book Value [ ₹98.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.47x ]
Thus, for RRIL , the investors are currently willing to pay '2.47 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 RRIL !
The chart below summarizes the trend in P/B Ratio of RRIL over the last five years.
Historical PB (Price/Book ) ratio chart of RRIL
PB Ratio Performance Analysis for RRIL
- RRIL 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.29x.
- RRIL 's operated at median p/b ratio of 2.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, RRIL 's p/b ratio peaked in Mar2024 at 3.19x.
- RRIL 's p/b ratio hit its five-year low in Mar2023 of 1.94x.
How does RRIL 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RRIL | 98.35 | 2.47 | 243.1 |
PAGE INDUSTRIES LTD | 1,596.93 | 31.77 | 50,732.8 |
KPR MILL LTD | 4,358.23 | 7.51 | 32,727.0 |
VEDANT FASHIONS LTD | 1,593.52 | 21.57 | 34,366.1 |
SWAN ENERGY LTD | 6,278.89 | 3.08 | 19,327.8 |
WELSPUN LIVING LTD | 4,508.87 | 3.15 | 14,200.2 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.53 | 10,446.9 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.50 | 13,618.7 |
ARVIND LTD | 3,540.19 | 2.76 | 9,770.4 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.42 | 9,158.5 |
JINDAL WORLDWIDE LTD | 719.07 | 9.05 | 6,509.9 |
Textile Industry Benchmark (Top 10) PB Analysis vs RRIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.53x |
Max industry PB | 31.77x |
Median industry PB | 3.15x |
Average industry PB | 8.16x |
You may also like the below Video Courses