SANATHAN TEXTILES
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The Current P/B Ratio of SANATHAN TEXTILES is 2.13.
Share Price | ₹321.4 | Feb 21,2025 |
Market Cap | ₹2,712.6 Cr | |
Book Value | ₹1,272.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.13x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SANATHAN TEXTILES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,712.6 Cr] as on Feb 21,2025
(/) Book Value [ ₹1,272.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.13x ]
Thus, for SANATHAN TEXTILES , the investors are currently willing to pay '2.13 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 SANATHAN TEXTILES !
The chart below summarizes the trend in P/B Ratio of SANATHAN TEXTILES over the last five years.
Historical PB (Price/Book ) ratio chart of SANATHAN TEXTILES
PB Ratio Performance Analysis for SANATHAN TEXTILES
- SANATHAN TEXTILES 's p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 0.00x.
- SANATHAN TEXTILES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SANATHAN TEXTILES 's p/b ratio peaked in Mar2024 at 0x.
- SANATHAN TEXTILES 's p/b ratio hit its five-year low in Mar2024 of 0x.
How does SANATHAN TEXTILES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SANATHAN TEXTILES | 1,272.93 | 2.13 | 2,712.6 |
TRIDENT LTD | 4,314.15 | 3.29 | 14,187.1 |
NITIN SPINNERS LTD | 1,146.33 | 1.58 | 1,813.1 |
FILATEX INDIA LTD | 1,203.49 | 1.57 | 1,888.6 |
JAYBHARAT TEXTILES & REAL ESTATE LTD | -458.84 | -2.34 | 1,072.0 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.91 | 778.1 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.35 | 801.0 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.50 | 742.2 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 0.76 | 727.7 |
PRECOT LTD | 418.21 | 1.32 | 550.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.48 | 464.9 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs SANATHAN TEXTILES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -2.34x |
Max industry PB | 3.29x |
Median industry PB | 0.91x |
Average industry PB | 0.96x |
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