VISHAL FABRICS
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The Current P/B Ratio of VISHAL FABRICS is 1.36.
Share Price | ₹28.4 | Oct 31,2024 |
Market Cap | ₹561.8 Cr | |
Book Value | ₹412.0 Cr | Mar2024 - Standalone Results |
Price/Book | 1.36x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of VISHAL FABRICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹561.8 Cr] as on Oct 31,2024
(/) Book Value [ ₹412.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.36x ]
Thus, for VISHAL FABRICS , the investors are currently willing to pay '1.36 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 VISHAL FABRICS !
The chart below summarizes the trend in P/B Ratio of VISHAL FABRICS over the last five years.
Historical PB (Price/Book ) ratio chart of VISHAL FABRICS
PB Ratio Performance Analysis for VISHAL FABRICS
- VISHAL FABRICS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.63x.
- VISHAL FABRICS 's operated at median p/b ratio of 1.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VISHAL FABRICS 's p/b ratio peaked in Mar2020 at 2.82x.
- VISHAL FABRICS 's p/b ratio hit its five-year low in Mar2023 of 0.83x.
How does VISHAL FABRICS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VISHAL FABRICS | 412.02 | 1.36 | 561.8 |
PAGE INDUSTRIES LTD | 1,596.93 | 30.15 | 48,149.6 |
KPR MILL LTD | 4,358.23 | 7.33 | 31,957.9 |
VEDANT FASHIONS LTD | 1,593.52 | 21.36 | 34,034.5 |
SWAN ENERGY LTD | 6,278.89 | 2.50 | 15,672.8 |
WELSPUN LIVING LTD | 4,508.87 | 3.23 | 14,583.9 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.56 | 11,156.9 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.49 | 13,604.2 |
ARVIND LTD | 3,540.19 | 2.76 | 9,753.4 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.50 | 8,025.0 |
JINDAL WORLDWIDE LTD | 719.07 | 8.59 | 6,177.0 |
Textile Industry Benchmark (Top 10) PB Analysis vs VISHAL FABRICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.56x |
Max industry PB | 30.15x |
Median industry PB | 3.23x |
Average industry PB | 7.70x |
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