TT
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The Current P/B Ratio of TT is 4.50.
Share Price | ₹143.5 | Jan 21,2025 |
Market Cap | ₹322.8 Cr | |
Book Value | ₹71.8 Cr | Mar2024 - Standalone Results |
Price/Book | 4.50x | Calculated as MarketCap/Book Value |
---|---|---|
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 [ ₹322.8 Cr] as on Jan 21,2025
(/) Book Value [ ₹71.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 4.50x ]
Thus, for TT , the investors are currently willing to pay '4.50 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 | 4.50 | 322.8 |
PAGE INDUSTRIES LTD | 1,596.93 | 32.13 | 51,304.6 |
KPR MILL LTD | 4,358.23 | 7.56 | 32,932.1 |
VEDANT FASHIONS LTD | 1,593.52 | 17.72 | 28,230.0 |
SWAN ENERGY LTD | 6,278.89 | 3.14 | 19,724.3 |
WELSPUN LIVING LTD | 4,508.87 | 3.22 | 14,526.4 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.50 | 9,816.3 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.52 | 13,816.8 |
ARVIND LTD | 3,540.19 | 2.87 | 10,147.4 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.26 | 7,729.8 |
JINDAL WORLDWIDE LTD | 719.07 | 10.92 | 7,854.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs TT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.50x |
Max industry PB | 32.13x |
Median industry PB | 4.50x |
Average industry PB | 8.12x |
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