SURYALAKSHMI COTTON MILLS
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The Current P/B Ratio of SURYALAKSHMI COTTON MILLS is 0.59.
Share Price | ₹83.3 | Nov 05,2024 |
Market Cap | ₹156.5 Cr | |
Book Value | ₹266.1 Cr | Mar2024 - Standalone Results |
Price/Book | 0.59x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SURYALAKSHMI COTTON MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹156.5 Cr] as on Nov 05,2024
(/) Book Value [ ₹266.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.59x ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
SURYALAKSHMI COTTON MILLS | 266.05 | 0.59 | 156.5 |
PAGE INDUSTRIES LTD | 1,596.93 | 30.29 | 48,368.3 |
KPR MILL LTD | 4,358.23 | 7.07 | 30,795.7 |
VEDANT FASHIONS LTD | 1,593.52 | 21.13 | 33,673.8 |
SWAN ENERGY LTD | 6,278.89 | 2.47 | 15,536.5 |
WELSPUN LIVING LTD | 4,508.87 | 3.29 | 14,828.5 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.56 | 11,097.3 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.51 | 13,760.4 |
ARVIND LTD | 3,540.19 | 2.72 | 9,626.5 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.46 | 7,974.8 |
JINDAL WORLDWIDE LTD | 719.07 | 8.40 | 6,036.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs SURYALAKSHMI COTTON MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.56x |
Max industry PB | 30.29x |
Median industry PB | 3.29x |
Average industry PB | 7.58x |
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