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VEDANT FASHIONS
PB (Price/Book ) Ratio

The Current P/B Ratio of VEDANT FASHIONS is 21.19.

Share Price ₹1,390.1Nov 22,2024
Market Cap ₹33,765.5 Cr
Book Value₹1,593.5 CrMar2024 - Consolidated Results
Price/Book 21.19xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VEDANT FASHIONS

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of VEDANT FASHIONS is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 21.19x.

- 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 ValuePB RatioMarket Cap
VEDANT FASHIONS 1,593.5221.1933,765.5
PAGE INDUSTRIES LTD1,596.9331.3850,111.2
KPR MILL LTD4,358.237.2331,511.8
SWAN ENERGY LTD6,278.892.9318,414.0
WELSPUN LIVING LTD4,508.873.1714,291.4
ALOK INDUSTRIES LTD-19,775.90-0.5110,079.4
VARDHMAN TEXTILES LTD9,100.131.4012,712.1
ARVIND LTD3,540.192.699,506.1
GARWARE TECHNICAL FIBRES LTD1,233.867.409,131.4
JINDAL WORLDWIDE LTD719.079.006,468.8
INDO COUNT INDUSTRIES LTD2,089.073.096,447.7

Textile Industry Benchmark (Top 10) PB Analysis vs VEDANT FASHIONS 's P/B Ratio

Top 10 Industry PeersPB 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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