VTM
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The Current P/B Ratio of VTM is 2.67.
Share Price | ₹175.0 | Jan 22,2025 |
Market Cap | ₹703.5 Cr | |
Book Value | ₹263.0 Cr | Mar2024 - Standalone Results |
Price/Book | 2.67x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VTM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹703.5 Cr] as on Jan 22,2025
(/) Book Value [ ₹263.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.67x ]
Thus, for VTM , the investors are currently willing to pay '2.67 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 VTM !
The chart below summarizes the trend in P/B Ratio of VTM over the last five years.
Historical PB (Price/Book ) ratio chart of VTM
PB Ratio Performance Analysis for VTM
- VTM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.67x.
- VTM 's operated at median p/b ratio of 0.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VTM 's p/b ratio peaked in Mar2024 at 1.09x.
- VTM 's p/b ratio hit its five-year low in Mar2020 of 0.38x.
How does VTM 's P/B Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VTM | 263.01 | 2.67 | 703.5 |
RAYMOND LTD | 4,598.48 | 2.20 | 10,110.5 |
SIYARAM SILK MILLS LTD | 1,137.04 | 3.72 | 4,224.9 |
MANOMAY TEX INDIA LTD | 129.00 | 3.05 | 393.5 |
UNITED POLYFAB GUJARAT LTD | 79.63 | 4.78 | 380.9 |
DIGJAM LTD | 15.84 | 6.75 | 107.0 |
BSL LTD | 112.68 | 2.12 | 239.0 |
AI CHAMPDANY INDUSTRIES LTD | 41.00 | 3.56 | 146.1 |
JASCH INDUSTRIES LTD | 109.88 | 1.11 | 122.1 |
Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs VTM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.11x |
Max industry PB | 6.75x |
Median industry PB | 3.05x |
Average industry PB | 3.33x |
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