Home > PB Ratio > SHIVA TEXYARN

SHIVA TEXYARN
PB (Price/Book ) Ratio

The Current P/B Ratio of SHIVA TEXYARN is 2.37.

Share Price ₹224.0Dec 20,2024
Market Cap ₹291.1 Cr
Book Value₹122.9 CrMar2024 - Standalone Results
Price/Book 2.37xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SHIVA TEXYARN
Please provide your vote to see the results
SHIVA TEXYARN is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of SHIVA TEXYARN

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 SHIVA TEXYARN is calculated as :

Current Market Cap [ ₹291.1 Cr] as on Dec 20,2024

(/) Book Value [ ₹122.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.37x ]

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

Thus, for SHIVA TEXYARN , the investors are currently willing to pay '2.37 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 SHIVA TEXYARN !

The chart below summarizes the trend in P/B Ratio of SHIVA TEXYARN over the last five years.

Historical PB (Price/Book ) ratio chart of SHIVA TEXYARN


PB Ratio Performance Analysis for SHIVA TEXYARN

- SHIVA TEXYARN 's latest p/b ratio is 2.37x.

- SHIVA TEXYARN 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.39x.

- SHIVA TEXYARN 's operated at median p/b ratio of 1.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHIVA TEXYARN 's p/b ratio peaked in Mar2022 at 1.87x.

- SHIVA TEXYARN 's p/b ratio hit its five-year low in Mar2020 of 0.94x.


How does SHIVA TEXYARN 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Book ValuePB RatioMarket Cap
SHIVA TEXYARN 122.862.37291.1
TRIDENT LTD4,314.154.0417,448.6
FILATEX INDIA LTD1,203.492.362,836.2
NITIN SPINNERS LTD1,146.332.252,577.7
NAHAR SPINNING MILLS LTD1,481.180.711,052.8
SUTLEJ TEXTILES AND INDUSTRIES LTD961.101.181,136.0
AMBIKA COTTON MILLS LTD858.891.09938.9
RAJAPALAYAM MILLS LTD2,301.630.42970.1
NAHAR INDUSTRIAL ENTERPRISES LTD970.540.64623.0
SUPER SALES INDIA LTD557.670.75417.3
PRECOT LTD418.211.76734.1

Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs SHIVA TEXYARN 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.42x
Max industry PB 4.04x
Median industry PB 1.18x
Average industry PB 1.60x



You may also like the below Video Courses