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BOMBAY DYEING AND MANUFACTURING COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of BOMBAY DYEING AND MANUFACTURING COMPANY is -2.84.

Share Price ₹171.6Apr 24,2024
Market Cap ₹3,542.5 Cr
Book Value₹-1,246.1 CrMar2023 - Consolidated Results
Price/Book -2.84xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BOMBAY DYEING AND MANUFACTURING COMPANY

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 BOMBAY DYEING AND MANUFACTURING COMPANY is calculated as :

Current Market Cap [ ₹3,542.5 Cr] as on Apr 24,2024

(/) Book Value [ ₹-1,246.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -2.84x ]

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

Thus, for BOMBAY DYEING AND MANUFACTURING COMPANY , the investors are currently willing to pay '-2.84 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 BOMBAY DYEING AND MANUFACTURING COMPANY !

The chart below summarizes the trend in P/B Ratio of BOMBAY DYEING AND MANUFACTURING COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of BOMBAY DYEING AND MANUFACTURING COMPANY


PB Ratio Performance Analysis for BOMBAY DYEING AND MANUFACTURING COMPANY

- BOMBAY DYEING AND MANUFACTURING COMPANY 's latest p/b ratio is -2.84x.

- BOMBAY DYEING AND MANUFACTURING COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.38x.

- BOMBAY DYEING AND MANUFACTURING COMPANY 's operated at median p/b ratio of -0.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BOMBAY DYEING AND MANUFACTURING COMPANY 's p/b ratio peaked in Mar2019 at 13.35x.

- BOMBAY DYEING AND MANUFACTURING COMPANY 's p/b ratio hit its five-year low in Mar2021 of -8.61x.


How does BOMBAY DYEING AND MANUFACTURING COMPANY 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
BOMBAY DYEING AND MANUFACTURING COMPANY -1,246.05-2.843,542.5
PAGE INDUSTRIES LTD1,371.0529.5040,442.8
KPR MILL LTD3,706.698.1830,327.4
VEDANT FASHIONS LTD1,392.2216.3622,783.6
SWAN ENERGY LTD2,283.688.3719,117.7
WELSPUN LIVING LTD4,083.443.7915,476.0
ALOK INDUSTRIES LTD-19,775.90-0.7013,763.7
VARDHMAN TEXTILES LTD8,562.771.5513,276.0
ARVIND LTD3,344.492.508,346.0
GARWARE TECHNICAL FIBRES LTD1,016.406.446,541.5
JINDAL WORLDWIDE LTD649.9810.356,728.5

Textile Industry Benchmark (Top 10) PB Analysis vs BOMBAY DYEING AND MANUFACTURING COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -2.84x
Max industry PB 29.50x
Median industry PB 6.44x
Average industry PB 7.59x



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