TT
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The Current P/B Ratio of TT is 4.90.
Share Price | ₹163.7 | Nov 19,2024 |
Market Cap | ₹352.0 Cr | |
Book Value | ₹71.8 Cr | Mar2024 - Standalone Results |
Price/Book | 4.90x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹352.0 Cr] as on Nov 19,2024
(/) Book Value [ ₹71.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 4.90x ]
Thus, for TT , the investors are currently willing to pay '4.90 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 TT !
The chart below summarizes the trend in P/B Ratio of TT over the last five years.
Historical PB (Price/Book ) ratio chart of TT
PB Ratio Performance Analysis for TT
- TT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.37x.
- TT 's operated at median p/b ratio of 3.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TT 's p/b ratio peaked in Mar2024 at 5.14x.
- TT 's p/b ratio hit its five-year low in Mar2020 of 1.26x.
How does TT 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TT | 71.78 | 4.90 | 352.0 |
PAGE INDUSTRIES LTD | 1,596.93 | 31.16 | 49,762.1 |
KPR MILL LTD | 4,358.23 | 7.30 | 31,809.2 |
VEDANT FASHIONS LTD | 1,593.52 | 20.70 | 32,983.9 |
SWAN ENERGY LTD | 6,278.89 | 2.68 | 16,857.7 |
WELSPUN LIVING LTD | 4,508.87 | 3.16 | 14,248.2 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.52 | 10,213.5 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.43 | 12,972.4 |
ARVIND LTD | 3,540.19 | 2.55 | 9,023.2 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.12 | 8,789.3 |
JINDAL WORLDWIDE LTD | 719.07 | 9.32 | 6,704.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs TT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.52x |
Max industry PB | 31.16x |
Median industry PB | 4.90x |
Average industry PB | 8.16x |
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