RUDRA ECOVATION
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The Current P/B Ratio of RUDRA ECOVATION is 30.79.
Share Price | ₹58.8 | Dec 24,2024 |
Market Cap | ₹663.9 Cr | |
Book Value | ₹21.6 Cr | Mar2024 - Standalone Results |
Price/Book | 30.79x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RUDRA ECOVATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹663.9 Cr] as on Dec 24,2024
(/) Book Value [ ₹21.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 30.79x ]
Thus, for RUDRA ECOVATION , the investors are currently willing to pay '30.79 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 RUDRA ECOVATION !
The chart below summarizes the trend in P/B Ratio of RUDRA ECOVATION over the last five years.
Historical PB (Price/Book ) ratio chart of RUDRA ECOVATION
PB Ratio Performance Analysis for RUDRA ECOVATION
- RUDRA ECOVATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.76x.
- RUDRA ECOVATION 's operated at median p/b ratio of 2.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RUDRA ECOVATION 's p/b ratio peaked in Mar2024 at 29.58x.
- RUDRA ECOVATION 's p/b ratio hit its five-year low in Mar2020 of 0.46x.
How does RUDRA ECOVATION 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RUDRA ECOVATION | 21.56 | 30.79 | 663.9 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.11 | 54,464.6 |
KPR MILL LTD | 4,358.23 | 8.25 | 35,972.5 |
VEDANT FASHIONS LTD | 1,593.52 | 19.18 | 30,568.1 |
SWAN ENERGY LTD | 6,278.89 | 3.64 | 22,869.8 |
WELSPUN LIVING LTD | 4,508.87 | 3.39 | 15,264.9 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.54 | 10,774.6 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.68 | 15,332.0 |
ARVIND LTD | 3,540.19 | 3.01 | 10,639.6 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.87 | 8,475.4 |
JINDAL WORLDWIDE LTD | 719.07 | 11.48 | 8,253.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs RUDRA ECOVATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.54x |
Max industry PB | 34.11x |
Median industry PB | 6.87x |
Average industry PB | 11.08x |
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