BANSWARA SYNTEX
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The Current P/B Ratio of BANSWARA SYNTEX is 1.00.
| Share Price | ₹148.9 | Apr 25,2024 |
| Market Cap | ₹509.2 Cr | |
| Book Value | ₹509.1 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.00x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BANSWARA SYNTEX
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹509.2 Cr] as on Apr 25,2024
(/) Book Value [ ₹509.1 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.00x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for BANSWARA SYNTEX , the investors are currently willing to pay '1.00 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 BANSWARA SYNTEX !
The chart below summarizes the trend in P/B Ratio of BANSWARA SYNTEX over the last five years.
Thus, for BANSWARA SYNTEX , the investors are currently willing to pay '1.00 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 BANSWARA SYNTEX !
The chart below summarizes the trend in P/B Ratio of BANSWARA SYNTEX over the last five years.
Historical PB (Price/Book ) ratio chart of BANSWARA SYNTEX
PB Ratio Performance Analysis for BANSWARA SYNTEX
- BANSWARA SYNTEX 's latest p/b ratio is 1.00x.
- BANSWARA SYNTEX 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.59x.
- BANSWARA SYNTEX 's operated at median p/b ratio of 0.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANSWARA SYNTEX 's p/b ratio peaked in Mar2022 at 0.91x.
- BANSWARA SYNTEX 's p/b ratio hit its five-year low in Mar2020 of 0.36x.
- BANSWARA SYNTEX 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.59x.
- BANSWARA SYNTEX 's operated at median p/b ratio of 0.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANSWARA SYNTEX 's p/b ratio peaked in Mar2022 at 0.91x.
- BANSWARA SYNTEX 's p/b ratio hit its five-year low in Mar2020 of 0.36x.
How does BANSWARA SYNTEX 's P/B Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
| Peer Comparison (Textile - Manmade Fibres Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| BANSWARA SYNTEX | 509.07 | 1.00 | 509.2 |
| GANESHA ECOSPHERE LTD | 637.88 | 4.29 | 2,734.8 |
| INDO RAMA SYNTHETICS (INDIA) LTD | 572.66 | 2.06 | 1,178.9 |
| SARLA PERFORMANCE FIBERS LTD | 394.92 | 1.24 | 489.5 |
| VARDHMAN ACRYLICS LTD | 245.35 | 1.89 | 463.7 |
| PASUPATI ACRYLON LTD | 315.69 | 1.10 | 346.3 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PB Analysis vs BANSWARA SYNTEX 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.00x |
| Max industry PB | 4.29x |
| Median industry PB | 1.89x |
| Average industry PB | 1.93x |
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