VIP CLOTHING
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The Current P/B Ratio of VIP CLOTHING is 3.11.
Share Price | ₹45.7 | Dec 20,2024 |
Market Cap | ₹395.5 Cr | |
Book Value | ₹127.0 Cr | Mar2024 - Standalone Results |
Price/Book | 3.11x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VIP CLOTHING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹395.5 Cr] as on Dec 20,2024
(/) Book Value [ ₹127.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.11x ]
Thus, for VIP CLOTHING , the investors are currently willing to pay '3.11 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 VIP CLOTHING !
The chart below summarizes the trend in P/B Ratio of VIP CLOTHING over the last five years.
Historical PB (Price/Book ) ratio chart of VIP CLOTHING
PB Ratio Performance Analysis for VIP CLOTHING
- VIP CLOTHING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.44x.
- VIP CLOTHING 's operated at median p/b ratio of 1.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIP CLOTHING 's p/b ratio peaked in Mar2023 at 2.37x.
- VIP CLOTHING 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
How does VIP CLOTHING 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VIP CLOTHING | 127.03 | 3.11 | 395.5 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.11 | 54,464.3 |
KPR MILL LTD | 4,358.23 | 9.01 | 39,271.0 |
VEDANT FASHIONS LTD | 1,593.52 | 19.78 | 31,520.4 |
SWAN ENERGY LTD | 6,278.89 | 3.69 | 23,198.9 |
WELSPUN LIVING LTD | 4,508.87 | 3.47 | 15,643.8 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.53 | 10,521.3 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.67 | 15,180.2 |
ARVIND LTD | 3,540.19 | 3.06 | 10,825.4 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.95 | 8,572.6 |
JINDAL WORLDWIDE LTD | 719.07 | 11.01 | 7,913.5 |
Textile Industry Benchmark (Top 10) PB Analysis vs VIP CLOTHING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.53x |
Max industry PB | 34.11x |
Median industry PB | 3.69x |
Average industry PB | 8.67x |
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