VARDHMAN TEXTILES
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The Current P/B Ratio of VARDHMAN TEXTILES is 1.43.
Share Price | ₹450.9 | Feb 07,2025 |
Market Cap | ₹13,040.0 Cr | |
Book Value | ₹9,100.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.43x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of VARDHMAN TEXTILES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹13,040.0 Cr] as on Feb 07,2025
(/) Book Value [ ₹9,100.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.43x ]
Thus, for VARDHMAN TEXTILES , the investors are currently willing to pay '1.43 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 TEXTILES !
The chart below summarizes the trend in P/B Ratio of VARDHMAN TEXTILES over the last five years.
Historical PB (Price/Book ) ratio chart of VARDHMAN TEXTILES
PB Ratio Performance Analysis for VARDHMAN TEXTILES
- VARDHMAN TEXTILES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.14x.
- VARDHMAN TEXTILES 's operated at median p/b ratio of 1.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VARDHMAN TEXTILES 's p/b ratio peaked in Mar2022 at 1.61x.
- VARDHMAN TEXTILES 's p/b ratio hit its five-year low in Mar2020 of 0.59x.
How does VARDHMAN TEXTILES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VARDHMAN TEXTILES | 9,100.13 | 1.43 | 13,040.0 |
PAGE INDUSTRIES LTD | 1,596.93 | 29.97 | 47,863.9 |
KPR MILL LTD | 4,358.23 | 7.01 | 30,541.1 |
VEDANT FASHIONS LTD | 1,593.52 | 14.29 | 22,774.0 |
SWAN ENERGY LTD | 6,278.89 | 2.71 | 16,990.9 |
WELSPUN LIVING LTD | 4,508.87 | 2.73 | 12,325.1 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.46 | 9,185.7 |
ARVIND LTD | 3,540.19 | 2.76 | 9,754.8 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.78 | 8,365.6 |
JINDAL WORLDWIDE LTD | 719.07 | 11.07 | 7,960.7 |
INDO COUNT INDUSTRIES LTD | 2,089.07 | 2.84 | 5,937.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs VARDHMAN TEXTILES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.46x |
Max industry PB | 29.97x |
Median industry PB | 2.84x |
Average industry PB | 7.38x |
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