VARDHMAN POLYTEX
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The Current P/B Ratio of VARDHMAN POLYTEX is -1.15.
Share Price | ₹9.8 | Mar 11,2025 |
Market Cap | ₹425.1 Cr | |
Book Value | ₹-369.1 Cr | Mar2024 - Standalone Results |
Price/Book | -1.15x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VARDHMAN POLYTEX
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹425.1 Cr] as on Mar 11,2025
(/) Book Value [ ₹-369.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ -1.15x ]
Thus, for VARDHMAN POLYTEX , the investors are currently willing to pay '-1.15 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 VARDHMAN POLYTEX !
The chart below summarizes the trend in P/B Ratio of VARDHMAN POLYTEX over the last five years.
Historical PB (Price/Book ) ratio chart of VARDHMAN POLYTEX
PB Ratio Performance Analysis for VARDHMAN POLYTEX
- VARDHMAN POLYTEX 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.20x.
- VARDHMAN POLYTEX 's operated at median p/b ratio of -0.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VARDHMAN POLYTEX 's p/b ratio peaked in Mar2020 at -0.03x.
- VARDHMAN POLYTEX 's p/b ratio hit its five-year low in Mar2024 of -0.56x.
How does VARDHMAN POLYTEX 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VARDHMAN POLYTEX | -369.14 | -1.15 | 425.1 |
PAGE INDUSTRIES LTD | 1,596.93 | 27.79 | 44,386.2 |
KPR MILL LTD | 4,358.23 | 6.93 | 30,221.5 |
VEDANT FASHIONS LTD | 1,593.52 | 12.08 | 19,245.8 |
SWAN ENERGY LTD | 6,278.89 | 2.06 | 12,944.2 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.21 | 11,040.7 |
WELSPUN LIVING LTD | 4,508.87 | 2.59 | 11,687.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.41 | 8,013.9 |
ARVIND LTD | 3,540.19 | 2.40 | 8,490.8 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.24 | 7,696.1 |
JINDAL WORLDWIDE LTD | 719.07 | 8.81 | 6,334.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs VARDHMAN POLYTEX 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -1.15x |
Max industry PB | 27.79x |
Median industry PB | 2.59x |
Average industry PB | 6.23x |
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