WINSOME TEXTILE INDUSTRIES
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The Current P/B Ratio of WINSOME TEXTILE INDUSTRIES is 0.72.
Share Price | ₹99.7 | Nov 08,2024 |
Market Cap | ₹197.4 Cr | |
Book Value | ₹275.1 Cr | Mar2024 - Standalone Results |
Price/Book | 0.72x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of WINSOME TEXTILE INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹197.4 Cr] as on Nov 08,2024
(/) Book Value [ ₹275.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.72x ]
Thus, for WINSOME TEXTILE INDUSTRIES , the investors are currently willing to pay '0.72 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 WINSOME TEXTILE INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of WINSOME TEXTILE INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of WINSOME TEXTILE INDUSTRIES
PB Ratio Performance Analysis for WINSOME TEXTILE INDUSTRIES
- WINSOME TEXTILE INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- WINSOME TEXTILE INDUSTRIES 's operated at median p/b ratio of 0.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WINSOME TEXTILE INDUSTRIES 's p/b ratio peaked in Mar2022 at 0.59x.
- WINSOME TEXTILE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.15x.
How does WINSOME TEXTILE INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
WINSOME TEXTILE INDUSTRIES | 275.06 | 0.72 | 197.4 |
PAGE INDUSTRIES LTD | 1,596.93 | 33.52 | 53,525.0 |
KPR MILL LTD | 4,358.23 | 7.31 | 31,858.8 |
VEDANT FASHIONS LTD | 1,593.52 | 21.38 | 34,063.6 |
SWAN ENERGY LTD | 6,278.89 | 2.60 | 16,342.1 |
WELSPUN LIVING LTD | 4,508.87 | 3.37 | 15,173.8 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.55 | 10,864.0 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.53 | 13,918.0 |
ARVIND LTD | 3,540.19 | 2.76 | 9,759.9 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.55 | 8,078.4 |
JINDAL WORLDWIDE LTD | 719.07 | 8.37 | 6,020.6 |
Textile Industry Benchmark (Top 10) PB Analysis vs WINSOME TEXTILE INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.55x |
Max industry PB | 33.52x |
Median industry PB | 3.37x |
Average industry PB | 7.96x |
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