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SURYALAKSHMI COTTON MILLS
PB (Price/Book ) Ratio

The Current P/B Ratio of SURYALAKSHMI COTTON MILLS is 0.59.

Share Price ₹83.2Nov 04,2024
Market Cap ₹156.4 Cr
Book Value₹266.1 CrMar2024 - Standalone Results
Price/Book 0.59xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SURYALAKSHMI COTTON MILLS

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 SURYALAKSHMI COTTON MILLS is calculated as :

Current Market Cap [ ₹156.4 Cr] as on Nov 04,2024

(/) Book Value [ ₹266.1 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 0.59x ]

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

Thus, for SURYALAKSHMI COTTON MILLS , the investors are currently willing to pay '0.59 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 SURYALAKSHMI COTTON MILLS !

The chart below summarizes the trend in P/B Ratio of SURYALAKSHMI COTTON MILLS over the last five years.

Historical PB (Price/Book ) ratio chart of SURYALAKSHMI COTTON MILLS


PB Ratio Performance Analysis for SURYALAKSHMI COTTON MILLS

- SURYALAKSHMI COTTON MILLS 's latest p/b ratio is 0.59x.

- SURYALAKSHMI COTTON MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.34x.

- SURYALAKSHMI COTTON MILLS 's operated at median p/b ratio of 0.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SURYALAKSHMI COTTON MILLS 's p/b ratio peaked in Mar2022 at 0.59x.

- SURYALAKSHMI COTTON MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.1x.


How does SURYALAKSHMI COTTON MILLS 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
SURYALAKSHMI COTTON MILLS 266.050.59156.4
PAGE INDUSTRIES LTD1,596.9330.0647,997.9
KPR MILL LTD4,358.237.3231,920.3
VEDANT FASHIONS LTD1,593.5220.5632,762.8
SWAN ENERGY LTD6,278.892.4215,166.6
WELSPUN LIVING LTD4,508.873.3014,857.3
ALOK INDUSTRIES LTD-19,775.90-0.5510,953.3
VARDHMAN TEXTILES LTD9,100.131.5013,637.5
ARVIND LTD3,540.192.679,445.9
GARWARE TECHNICAL FIBRES LTD1,233.866.718,284.8
JINDAL WORLDWIDE LTD719.078.396,029.7

Textile Industry Benchmark (Top 10) PB Analysis vs SURYALAKSHMI COTTON MILLS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.55x
Max industry PB 30.06x
Median industry PB 3.30x
Average industry PB 7.54x



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