TEXMO PIPES AND PRODUCTS
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The Current P/B Ratio of TEXMO PIPES AND PRODUCTS is 0.77.
Share Price | ₹52.2 | Mar 10,2025 |
Market Cap | ₹152.4 Cr | |
Book Value | ₹196.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.77x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TEXMO PIPES AND PRODUCTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹152.4 Cr] as on Mar 10,2025
(/) Book Value [ ₹196.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.77x ]
Thus, for TEXMO PIPES AND PRODUCTS , the investors are currently willing to pay '0.77 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 TEXMO PIPES AND PRODUCTS !
The chart below summarizes the trend in P/B Ratio of TEXMO PIPES AND PRODUCTS over the last five years.
Historical PB (Price/Book ) ratio chart of TEXMO PIPES AND PRODUCTS
PB Ratio Performance Analysis for TEXMO PIPES AND PRODUCTS
- TEXMO PIPES AND PRODUCTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.92x.
- TEXMO PIPES AND PRODUCTS 's operated at median p/b ratio of 1.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEXMO PIPES AND PRODUCTS 's p/b ratio peaked in Mar2024 at 1.7x.
- TEXMO PIPES AND PRODUCTS 's p/b ratio hit its five-year low in Mar2020 of 0.14x.
How does TEXMO PIPES AND PRODUCTS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TEXMO PIPES AND PRODUCTS | 196.86 | 0.77 | 152.4 |
SUPREME INDUSTRIES LTD | 5,108.83 | 8.25 | 42,124.6 |
ASTRAL LTD | 3,186.50 | 10.86 | 34,614.9 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 1.97 | 11,112.7 |
GARWARE HITECH FILMS LTD | 2,044.80 | 4.66 | 9,526.2 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.35 | 8,550.7 |
EPL LTD | 2,054.60 | 3.20 | 6,567.0 |
SHAILY ENGINEERING PLASTICS LTD | 458.08 | 18.02 | 8,254.9 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 4.60 | 5,228.2 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.73 | 3,948.3 |
POLYPLEX CORPORATION LTD | 3,511.13 | 1.04 | 3,635.9 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs TEXMO PIPES AND PRODUCTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.73x |
Max industry PB | 18.02x |
Median industry PB | 3.35x |
Average industry PB | 5.22x |
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