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TRIDENT TEXOFAB
PB (Price/Book ) Ratio

The Current P/B Ratio of TRIDENT TEXOFAB is 11.20.

Share Price ₹176.8Feb 21,2025
Market Cap ₹182.1 Cr
Book Value₹16.3 CrMar2024 - Standalone Results
Price/Book 11.20xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TRIDENT TEXOFAB

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 TRIDENT TEXOFAB is calculated as :

Current Market Cap [ ₹182.1 Cr] as on Feb 21,2025

(/) Book Value [ ₹16.3 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 11.20x ]

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

Thus, for TRIDENT TEXOFAB , the investors are currently willing to pay '11.20 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 TRIDENT TEXOFAB !

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

Historical PB (Price/Book ) ratio chart of TRIDENT TEXOFAB


PB Ratio Performance Analysis for TRIDENT TEXOFAB

- TRIDENT TEXOFAB 's latest p/b ratio is 11.20x.

- TRIDENT TEXOFAB 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.50x.

- TRIDENT TEXOFAB 's operated at median p/b ratio of 3.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TRIDENT TEXOFAB 's p/b ratio peaked in Mar2022 at 4.82x.

- TRIDENT TEXOFAB 's p/b ratio hit its five-year low in Mar2021 of 2.17x.


How does TRIDENT TEXOFAB 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
TRIDENT TEXOFAB 16.2611.20182.1
PAGE INDUSTRIES LTD1,596.9328.7145,846.7
KPR MILL LTD4,358.236.3627,697.2
VEDANT FASHIONS LTD1,593.5213.3121,208.6
SWAN ENERGY LTD6,278.892.1513,491.2
VARDHMAN TEXTILES LTD9,100.131.3412,175.7
WELSPUN LIVING LTD4,508.872.5311,404.3
ALOK INDUSTRIES LTD-19,775.90-0.428,321.7
ARVIND LTD3,540.192.398,444.9
GARWARE TECHNICAL FIBRES LTD1,233.866.147,580.9
JINDAL WORLDWIDE LTD719.079.957,152.6

Textile Industry Benchmark (Top 10) PB Analysis vs TRIDENT TEXOFAB 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.42x
Max industry PB 28.71x
Median industry PB 6.14x
Average industry PB 7.60x



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