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BHANDARI HOSIERY EXPORTS
PB (Price/Book ) Ratio

The Current P/B Ratio of BHANDARI HOSIERY EXPORTS is 1.41.

Share Price ₹8.6Jun 14,2024
Market Cap ₹140.7 Cr
Book Value₹99.6 CrMar2024 - Standalone Results
Price/Book 1.41xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BHANDARI HOSIERY EXPORTS

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

Applying the above formula, P/B ratio of BHANDARI HOSIERY EXPORTS is calculated as :

Current Market Cap [ ₹140.7 Cr] as on Jun 14,2024

(/) Book Value [ ₹99.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.41x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for BHANDARI HOSIERY EXPORTS , the investors are currently willing to pay '1.41 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 BHANDARI HOSIERY EXPORTS !

The chart below summarizes the trend in P/B Ratio of BHANDARI HOSIERY EXPORTS over the last five years.

Historical PB (Price/Book ) ratio chart of BHANDARI HOSIERY EXPORTS


PB Ratio Performance Analysis for BHANDARI HOSIERY EXPORTS

- BHANDARI HOSIERY EXPORTS 's latest p/b ratio is 1.41x.

- BHANDARI HOSIERY EXPORTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.61x.

- BHANDARI HOSIERY EXPORTS 's operated at median p/b ratio of 0.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHANDARI HOSIERY EXPORTS 's p/b ratio peaked in Mar2022 at 1.32x.

- BHANDARI HOSIERY EXPORTS 's p/b ratio hit its five-year low in Mar2020 of 0.15x.


How does BHANDARI HOSIERY EXPORTS 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
BHANDARI HOSIERY EXPORTS 99.591.41140.7
PAGE INDUSTRIES LTD1,371.0531.3242,937.3
KPR MILL LTD4,358.236.6829,117.4
VEDANT FASHIONS LTD1,601.8817.3527,797.1
SWAN ENERGY LTD2,283.688.7519,975.0
WELSPUN LIVING LTD4,515.813.1014,003.8
ALOK INDUSTRIES LTD-19,775.90-0.6913,719.0
VARDHMAN TEXTILES LTD9,100.131.5013,640.4
ARVIND LTD3,542.752.799,884.4
GARWARE TECHNICAL FIBRES LTD1,233.866.658,200.9
JINDAL WORLDWIDE LTD719.0710.247,365.1

Textile Industry Benchmark (Top 10) PB Analysis vs BHANDARI HOSIERY EXPORTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.69x
Max industry PB 31.32x
Median industry PB 6.65x
Average industry PB 8.10x



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