VEDANT FASHIONS
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The Current P/B Ratio of VEDANT FASHIONS is 21.19.
Share Price | ₹1,390.1 | Nov 22,2024 |
Market Cap | ₹33,765.5 Cr | |
Book Value | ₹1,593.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 21.19x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VEDANT FASHIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹33,765.5 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,593.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 21.19x ]
Thus, for VEDANT FASHIONS , the investors are currently willing to pay '21.19 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 VEDANT FASHIONS !
The chart below summarizes the trend in P/B Ratio of VEDANT FASHIONS over the last five years.
Historical PB (Price/Book ) ratio chart of VEDANT FASHIONS
PB Ratio Performance Analysis for VEDANT FASHIONS
- VEDANT FASHIONS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.15x.
- VEDANT FASHIONS 's operated at median p/b ratio of 14.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VEDANT FASHIONS 's p/b ratio peaked in Mar2022 at 21.73x.
- VEDANT FASHIONS 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does VEDANT FASHIONS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VEDANT FASHIONS | 1,593.52 | 21.19 | 33,765.5 |
PAGE INDUSTRIES LTD | 1,596.93 | 31.38 | 50,111.2 |
KPR MILL LTD | 4,358.23 | 7.23 | 31,511.8 |
SWAN ENERGY LTD | 6,278.89 | 2.93 | 18,414.0 |
WELSPUN LIVING LTD | 4,508.87 | 3.17 | 14,291.4 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.51 | 10,079.4 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.40 | 12,712.1 |
ARVIND LTD | 3,540.19 | 2.69 | 9,506.1 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 7.40 | 9,131.4 |
JINDAL WORLDWIDE LTD | 719.07 | 9.00 | 6,468.8 |
INDO COUNT INDUSTRIES LTD | 2,089.07 | 3.09 | 6,447.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs VEDANT FASHIONS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.51x |
Max industry PB | 31.38x |
Median industry PB | 3.17x |
Average industry PB | 8.09x |
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