ASHIMA
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The Current P/B Ratio of ASHIMA is 1.95.
Share Price | ₹22.5 | May 03,2024 |
Market Cap | ₹430.4 Cr | |
Book Value | ₹220.3 Cr | Mar2023 - Standalone Results |
Price/Book | 1.95x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ASHIMA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹430.4 Cr] as on May 03,2024
(/) Book Value [ ₹220.3 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.95x ]
Thus, for ASHIMA , the investors are currently willing to pay '1.95 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 ASHIMA !
The chart below summarizes the trend in P/B Ratio of ASHIMA over the last five years.
Historical PB (Price/Book ) ratio chart of ASHIMA
PB Ratio Performance Analysis for ASHIMA
- ASHIMA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.88x.
- ASHIMA 's operated at median p/b ratio of 1.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHIMA 's p/b ratio peaked in Mar2021 at 1.44x.
- ASHIMA 's p/b ratio hit its five-year low in Mar2020 of 0.2x.
How does ASHIMA 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASHIMA | 220.28 | 1.95 | 430.4 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.25 | 38,727.5 |
KPR MILL LTD | 4,358.23 | 6.65 | 28,990.9 |
VEDANT FASHIONS LTD | 1,601.88 | 14.12 | 22,619.9 |
SWAN ENERGY LTD | 2,283.68 | 8.16 | 18,639.7 |
WELSPUN LIVING LTD | 4,515.81 | 3.20 | 14,470.2 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.68 | 13,406.2 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.48 | 12,689.0 |
ARVIND LTD | 3,344.49 | 2.61 | 8,737.2 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.26 | 6,360.6 |
JINDAL WORLDWIDE LTD | 649.98 | 10.59 | 6,885.9 |
Textile Industry Benchmark (Top 10) PB Analysis vs ASHIMA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.68x |
Max industry PB | 28.25x |
Median industry PB | 6.26x |
Average industry PB | 7.51x |
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