BINNY
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The Current P/B Ratio of BINNY is 0.82.
Share Price | ₹155.6 | Apr 22,2024 |
Market Cap | ₹346.9 Cr | |
Book Value | ₹425.5 Cr | Mar2023 - Standalone Results |
Price/Book | 0.82x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BINNY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹346.9 Cr] as on Apr 22,2024
(/) Book Value [ ₹425.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 0.82x ]
Thus, for BINNY , the investors are currently willing to pay '0.82 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 BINNY !
The chart below summarizes the trend in P/B Ratio of BINNY over the last five years.
Historical PB (Price/Book ) ratio chart of BINNY
PB Ratio Performance Analysis for BINNY
- BINNY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.33x.
- BINNY 's operated at median p/b ratio of 1.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BINNY 's p/b ratio peaked in Mar2022 at 2.84x.
- BINNY 's p/b ratio hit its five-year low in Mar2020 of 0.53x.
How does BINNY 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BINNY | 425.53 | 0.82 | 346.9 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.66 | 39,290.4 |
KPR MILL LTD | 3,706.69 | 7.97 | 29,551.5 |
VEDANT FASHIONS LTD | 1,392.22 | 16.33 | 22,732.6 |
SWAN ENERGY LTD | 2,283.68 | 8.42 | 19,232.2 |
WELSPUN LIVING LTD | 4,515.81 | 3.29 | 14,873.5 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.69 | 13,674.3 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.52 | 13,050.5 |
ARVIND LTD | 3,344.49 | 2.46 | 8,219.1 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.36 | 6,468.2 |
JINDAL WORLDWIDE LTD | 649.98 | 10.38 | 6,746.5 |
Textile Industry Benchmark (Top 10) PB Analysis vs BINNY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.69x |
Max industry PB | 28.66x |
Median industry PB | 6.36x |
Average industry PB | 7.78x |
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